AutoWeb, Inc. (NASDAQ:AUTO) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, AUTO is expected to report 3Q20 loss of $ 0.07 per share from revenue of $ 20.06 million.
For the full year, analysts anticipate top line of $ 82.77 million, while looking forward to loss of $ 0.55 per share bottom line.
Previous Quarter Performance
AutoWeb, Inc. disclosed loss for the second quarter of $ 0.10 per share, from the revenue of $ 17.03 million. Street analysts expected AutoWeb, Inc. to report loss of $ 0.30 per share on revenue of $ 17.86 million for the second quarter. The bottom line results beat street analysts by $ 0.2 or 66.67 percent, at the same time, top line results fell short of analysts by $ 0.83 million or 4.65 percent.
Stock Performance
Shares of AutoWeb, Inc. traded up $ 0.48 or 14.86 percent on Wednesday, reaching $ 3.71 with volume of 616.50 thousand shares. AutoWeb, Inc. has traded high as $ 3.88 and has cracked $ 3.23 on the downward trend
The closing price of $ 3.71, representing a 546.00 % increase from the 52 week low of $ 0.50 and a 45.9 % decrease over the 52 week high of $ 5.97.
The company has a market capital of $ 48.77 million and is part of the Technology sector and Internet Content & Information industry.
Conference Call
AutoWeb, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.autoweb.com
AutoWeb, Inc. operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs.
