Inactive Instrument

AutoWeb, Inc.

AUTO

US05335B1008

AutoWeb: Q1 Earnings Snapshot

May 16, 2022 at 05:03 pm EDT

TAMPA, Fla. (AP) _ AutoWeb Inc. (AUTO) on Monday reported a first-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier.

The Tampa, Florida-based company said it had a loss of 32 cents per share. Losses, adjusted for stock option expense, were 28 cents per share.

The provider of marketing services for automakers and dealers posted revenue of $19.1 million in the period.

In the final minutes of trading on Monday, the company's shares hit $2.27. A year ago, they were trading at $2.65.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUTO at https://www.zacks.com/ap/AUTO

Latest news about AutoWeb, Inc.

AutoWeb, Inc. Announces Chief Executive Officer Changes	22-09-07	CI
AutoWeb, Inc. Announces Executive Changes	22-09-07	CI
AutoWeb, Inc.(NasdaqCM:AUTO) dropped from NASDAQ Composite Index	22-08-31	CI
AutoWeb, Inc.(NasdaqCM:AUTO) dropped from S&P TMI Index	22-08-31	CI
One Planet Group, LLC completed the acquisition of AutoWeb, Inc..	22-08-30	CI
Ascendiant Capital Cuts AutoWeb to Hold From Buy, Price Target to $0.39 From $1.25	22-08-23	MT
AutoWeb, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-11	CI
AutoWeb to be Acquired by One Planet Group Unit	22-07-25	MT
One Planet Group, LLC entered into a definitive agreement to acquire AutoWeb, Inc. from a group of shareholders for $5.8 million.	22-07-24	CI
AutoWeb, Inc.(NasdaqCM:AUTO) dropped from Russell Microcap Growth Index	22-06-24	CI
AutoWeb, Inc.(NasdaqCM:AUTO) dropped from Russell 3000E Growth Index	22-06-24	CI
AutoWeb, Inc. Announces Board Changes	22-06-01	CI
AutoWeb, Inc. Enters into Fourth Amendment to Loan, Security and Guarantee Agreement	22-06-01	CI
AutoWeb, Inc. Announces Resignation of Chan W. Galbato as Member of the Board	22-05-18	CI
Top Midday Decliners	22-05-17	MT
Lake Street Adjusts AutoWeb Price Target to $1.50 From $2.50, Maintains Hold Rating	22-05-17	MT
Barrington Downgrades AutoWeb to Underperform From Market Perform	22-05-17	MT
Wall Street Set for Gains; US Retail Sales Jump in April	22-05-17	MT
Top Premarket Decliners	22-05-17	MT
Transcript : AutoWeb, Inc., Q1 2022 Earnings Call, May 16, 2022	22-05-16
Earnings Flash (AUTO) AUTOWEB Reports Q1 Loss $-0.32, vs. Street Est of $-0.17	22-05-16	MT
Earnings Flash (AUTO) AUTOWEB Reports Q1 Revenue $19.1M, vs. Street Est of $18.7M	22-05-16	MT
Earnings Flash (AUTO) AUTOWEB Reports Q1 Loss $-0.32	22-05-16	MT
AutoWeb, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-16	CI
Sector Update: Consumer Discretionary Stocks Adding to Friday Retreat Near Closing Bell	22-03-25	MT

AutoWeb, Inc. is a digital marketing company. The Company is engaged in marketing and selling new and used vehicles to consumers. It also assists automotive retail dealers and automotive manufacturers. The Company's services include internally generated leads and non internally generated leads directly to dealers and indirectly to dealers through a wholesale market consisting of manufacturers and other third parties in the automotive lead distribution industry. It also provides click traffic program it links consumers to dealers and manufacturer Websites when the consumers click on advertisements on Company Websites. It includes other dealer products such as webLeads+ and Payment Pro. WebLeads+ offers a dealer multiple coupon options that display relevant marketing messages to consumers visiting the dealer's Website. Payment Pro is a Dealer Website conversion tool that offers consumers real time online monthly payment information.

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