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AUTOBYTEL.COM EXPECTS YEAR-OVER-YEAR REVENUE GROWTH FOR THE THIRD QUARTER 2000 AND THE FISCAL YEAR 2000 OF BETWEEN 65-70%, EARNINGS PER SHARE TO EXCEED CONSENSUS ESTIMATES
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| IRVINE, CA - September 15, 2000 |
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| Updated |
Jul 7, 2004 20:30:21 |
| Rating |
16 ( -2 -12.5% ) |
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Description: - Autobytel.com (NASDAQ: ABTL) today announced it expects year over year revenue growth for the third quarter of 2000 and for the fiscal year 2000 to be between 65-70% and earnings per share to be slightly better than consensus estimates for the quarter ending September 30, 2000 and for fiscal year 2000. The company continues to expect the cash balance by the end of fiscal year 2000 to be between $80-$85 million. "We have delivered 22 quarters of revenue growth. Our business continues to expand and we expect our earnings per share to slightly exceed consensus estimates," said Mark W. Lorimer, President and CEO of Autobytel.com. Autobytel.com's final third quarter results are scheduled to be reported on October 26, 2000 at 1 p.m. PDT, following the close of the market. |
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