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Article: Autobytel.com Reports Record Financial Results in Fourth Quarter.
- Article from:
- PR Newswire
- Article date:
- January 27, 2000
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Revenue Increases 70 Percent from a Year Ago
IRVINE, Calif., Jan. 27 /PRNewswire/ -- Autobytel.com (Nasdaq: ABTL), the leading international automotive e-commerce provider, today announced financial results for the fourth quarter and year ended December 31, 1999.
Revenue for the quarter rose to $12.4 million, a 70 percent increase over revenue of $7.3 million in the same quarter of the prior year, and a 17 percent sequential increase over revenue of $10.6 million in the quarter ended September 30, 1999. The percent of total revenue from international fees and licenses, and from services such as financing and insurance, reached 15 percent, up from 12 ...