TAMPA, Fla., May 16, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, is reporting financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Summary Q1 2022Q4 2021Q1 2021Total Revenues(millions)$19.1$17.8$17.9Gross Profit(millions)$3.9$3.5$5.8Gross Margin20.4%19.8%32.5%Net Loss(millions)$(4.3)$(2.6)$0.3Net Loss per share$(0.32)$(0.20)$0.02Adjusted EBITDA1(millions)$(2.8)$(1.3)$0.2 First Quarter 2022 Key Operating Metrics Q1 2022Q4 2021Q1 2021Lead Traffic2(millions)15.314.019.1Lead Volume3(millions)0.90.91.2Retail Dealer Count41,5891,5811,777
TAMPA, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, will hold a conference call on Monday, May 16, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2022. The company will report its financial results in a press release prior to the conference call. AutoWeb President & CEO Jared Rowe and CFO Carlton Hamer will host the conference call, followed by a question-and-answer session. Date: Monday, May 16, 2022Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-852-2929Internation
- 2021 Marked Continued Progress with Transformation Strategy Amidst Challenging Macro-Economic Conditions - - Efforts to Scale Vehicle Acquisition Business in 2022 Remains a Priority - TAMPA, Fla., March 24, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, is reporting financial results for the fourth quarter and full year ended December 31, 2021. "2021 marked another year of progress for our transformation strategy, despite operating against unfavorable macro-economic conditions throughout the year," said Jared Rowe, president and CEO of AutoWeb. "Although headwinds from
EATONTOWN, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Climb Global Solutions, Inc. (NASDAQ:CLMB) ("Climb" or the "Company"), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, has appointed Mrs. Kimberly S. Boren to the Board effective November 7, 2022. With the appointment of Boren, Climb's Board of Directors will return to seven members, six of whom are independent under the Nasdaq listing standards. Boren will serve on the Audit Committee and Compensation Committee of the Board of Directors. Boren brings over 25 years of experience leading and executing finance and account
TAMPA, Fla., July 25, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO) ("AutoWeb" or the "Company"), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, announced that it has entered into a definitive merger agreement to be acquired by a subsidiary (the "Purchaser") of One Planet Group, LLC ("One Planet Group"), under which the Purchaser will pay a cash purchase price of $0.39 per share of AutoWeb. Payam Zamani, One Planet Group's CEO, will assume the role of President and CEO of AutoWeb, Inc., and Jared Rowe will transition out of the business. "Not many founders get the opportunity to return to a company that they helped crea
TAMPA, Fla., May 16, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, is reporting financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Summary Q1 2022Q4 2021Q1 2021Total Revenues(millions)$19.1$17.8$17.9Gross Profit(millions)$3.9$3.5$5.8Gross Margin20.4%19.8%32.5%Net Loss(millions)$(4.3)$(2.6)$0.3Net Loss per share$(0.32)$(0.20)$0.02Adjusted EBITDA1(millions)$(2.8)$(1.3)$0.2 First Quarter 2022 Key Operating Metrics Q1 2022Q4 2021Q1 2021Lead Traffic2(millions)15.314.019.1Lead Volume3(millions)0.90.91.2Retail Dealer Count41,5891,5811,777
EATONTOWN, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Climb Global Solutions, Inc. (NASDAQ:CLMB) ("Climb" or the "Company"), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, has appointed Mrs. Kimberly S. Boren to the Board effective November 7, 2022. With the appointment of Boren, Climb's Board of Directors will return to seven members, six of whom are independent under the Nasdaq listing standards. Boren will serve on the Audit Committee and Compensation Committee of the Board of Directors. Boren brings over 25 years of experience leading and executing finance and account
TAMPA, Fla., Feb. 07, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, has appointed Scott Edwards as senior vice president, digital marketing operations. In this new role, he will be responsible for creating, implementing and optimizing AutoWeb's search engine marketing, digital marketing, lead operations and digital advertising solutions. Edwards' appointment to the new position is effective today. AutoWeb has also promoted Brett Nanigian from his current role to senior vice president, product and technology. In addition to leading the Product and Engineering teams, he will
TAMPA, Fla., Jan. 07, 2022 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (NASDAQ:AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, has appointed Carlton Hamer as executive vice president, chief financial officer (CFO), succeeding Michael Sadowski, and Josh Barsetti as vice president, controller and principal accounting officer. Hamer's appointment to CFO is effective Jan. 10, 2022, and Barsetti's appointment is effective as of Jan. 17, 2022. Sadowski will remain with the company until at least March to facilitate a smooth transition for the company's new finance executives. "As AutoWeb remains focused on operational efficiencies and c
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Gainers Bird Global, Inc. (NYSE:BRDS) shares rose 25.2% to $0.54 in pre-market trading. Bird secured permit extensions and expanded to new U.S. cities. Minerva Neurosciences, Inc. (NASDAQ:NERV) shares rose 20.4% to $5.43 in pre-market trading after Point72 Asset Management reported an 8.8% passive stake in the company. Farfetch Limited (NYSE:FTCH) rose 13.6% to $8.91 in pre-market trading. Farfetch and business tycoon Mohamed Alabbar's Symphony Global have acquired 47.5% and 3.2% stakes, respectively, in online luxury and fashion retailer YOOX NET-A-PORTER (YNAP). Starbox Group Holdings Ltd. (NASDAQ:STBX) rose 13.5% to $17.50 in pre-market trading after jumping 285% on Tuesday. Starbox
Upgrades Wedbush upgraded the previous rating for Denny's Corp (NASDAQ:DENN) from Neutral to Outperform. For the second quarter, Denny's had an EPS of $0.11, compared to year-ago quarter EPS of $0.18. The current stock performance of Denny's shows a 52-week-high of $16.97 and a 52-week-low of $8.46. Moreover, at the end of the last trading period, the closing price was at $9.38. See all analyst ratings upgrades. Downgrades For Aerie Pharmaceuticals Inc (NASDAQ:AERI), Stifel downgraded the previous rating of Buy to Hold. Aerie Pharmaceuticals earned $0.32 in the second quarter, compared to $0.84 in the year-ago quarter. The current stock performance of Aerie Pharmaceuticals sho
Ascendiant Capital analyst Edward Woo downgrades AutoWeb (NASDAQ:AUTO) from Buy to Hold and lowers the price target from $1.25 to $0.39.
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