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AutoWeb: Q1 Earnings Snapshot

May 16, 2022 GMT

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.

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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