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AutoWeb: 2Q Earnings Snapshot

August 8, 2019

IRVINE, Calif. (AP) _ AutoWeb Inc. (AUTO) on Wednesday reported a loss of $5 million in its second quarter.

The Irvine, California-based company said it had a loss of 38 cents per share. Losses, adjusted for stock option expense and restructuring costs, came to 30 cents per share.

The provider of marketing services for automakers and dealers posted revenue of $27.1 million in the period.

The company’s shares closed at $3.10. A year ago, they were trading at $3.75.


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

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