Online car seller Autobytel posts 4th-qtr profit

Newswire

IRVINE, Calif., Jan 30 (Reuters) - Internet car seller Autobytel Inc. said on Thursday it swung to a fourth-quarter net profit despite a slip in revenue from a year earlier. Irvine, California-based Autobytel reported a fourth-quarter net profit of $500,000, or 1 cent a share, compared with a year-earlier net loss of $900,000, or 3 cents a share. Revenues were $20 million, compared with $20.5 million a year earlier. Autobytel, which is in a used-car sales tie-up with name-your-own-price ...

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