Autobytel Inc. reported a net loss of $287,000 during third-quarter 2005, a turnaround from the $3.2 million in net income it generated a year earlier. The automotive marketing services firm’s revenue dipped from $32.5 million a year ago to $30.6 million.
Advertisement
Autobytel Inc. reported a net loss of $287,000 during third-quarter 2005, a turnaround from the $3.2 million in net income it generated a year earlier. The automotive marketing services firm’s revenue dipped from $32.5 million a year ago to $30.6 million. The quarter ended Sept. 30.
The loss was largely due to increases in product and technology development and general and administrative expenses.
During the third quarter, the Irvine, CA-based company generated $18.6 million from lead fees, $4.8 million in advertising revenue, $6.2 million in CRM services and $1.1 million in data, applications and other revenue sources.
