Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. AutoWeb, Inc.
  6. News
  7. Summary
    AUTO   US05335B1008


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

AUTOWEB, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

08/10/2021 | 04:14pm EDT

Item 2.02 Results of Operations and Financial Condition.

On August 5, 2021, AutoWeb, Inc., a Delaware corporation ("AutoWeb" or "Company"), announced in a press release its financial results for the quarter ended June 30, 2021. A copy of AutoWeb's press release announcing these financial results is attached as Exhibit 99.1 to this Current Report on Form 8-K.

In connection with the press release, the Company also held a conference call that was webcast on August 5, 2021. A transcript of that call is attached as Exhibit 99.2 to this Current Report on Form 8-K.

The attached press release and transcript contain information that includes "Adjusted EBITDA," a non-GAAP financial measure as defined in Regulation G adopted by the Securities and Exchange Commission. The Company defines Adjusted EBITDA as net loss before interest, taxes, depreciation, amortization, non-cash stock-based compensation, non-cash gains or losses, and other extraordinary items. The Company's management believes that presenting Adjusted EBITDA provides useful information to investors regarding the underlying business trends and performance of the Company's ongoing operations, as well as providing for more consistent period-over-period comparisons. This non-GAAP measure also assists management in its operational and financial decision-making and monitoring the Company's performance. In addition, the Company uses Adjusted EBITDA as a measure for determining incentive compensation targets. Adjusted EBITDA is used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the exclusion of GAAP financial measures. Management strongly encourages investors to review the Company's consolidated financial statement in their entirety and to not rely on any single financial measure. A table providing a reconciliation of Adjusted EBITDA to the most comparable GAAP financial measure is included at the end of the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.

The attached press release and transcript are incorporated herein solely for purposes of this Item 2.02 disclosure. The information furnished pursuant to this Item 2.02, including the exhibits attached hereto, shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language of such filing. In addition, the press release and transcript furnished as exhibits to this report include "safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, stating that certain statements about AutoWeb's business contained in the press release and transcript are "forward-looking" rather than "historic."

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

  99.1      Press Release dated August 5, 2021

  99.2      Transcript of AutoWeb, Inc.'s Conference Call dated August 5, 2021


© Edgar Online, source Glimpses

All news about AUTOWEB, INC.
09/20AUTOWEB : New Research from Brian Pasch Enterprises Shows High Quality of AutoWeb's Click ..
09/20New Research from Brian Pasch Enterprises Shows High Quality of Autoweb’S Click Traffic..
09/15AUTOWEB, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhib..
08/10AUTOWEB, INC. : Results of Operations and Financial Condition, Financial Statements and Ex..
08/05AUTOWEB : Q2 Earnings Snapshot
08/05AUTOWEB : Management's Discussion and Analysis of Financial Condition and Results of Opera..
08/05AUTOWEB : Earnings Flash (AUTO) AUTOWEB Posts Q2 Loss $-0.02, vs. Street Est of $-0.04
08/05AUTOWEB : Earnings Flash (AUTO) AUTOWEB Reports Q2 Revenue $18.7M, vs. Street Est of $18.6..
08/05AUTOWEB : Reports Second Quarter 2021 Results
08/05AutoWeb, Inc. Reports Operating Results for the Second Quarter Ended June 30, 2021
More news
Analyst Recommendations on AUTOWEB, INC.
More recommendations
Financials (USD)
Sales 2021 75,1 M - -
Net income 2021 -2,04 M - -
Net Debt 2021 - - -
P/E ratio 2021 -20,7x
Yield 2021 -
Capitalization 42,4 M 42,4 M -
Capi. / Sales 2021 0,56x
Capi. / Sales 2022 0,50x
Nbr of Employees 149
Free-Float 57,9%
Duration : Period :
AutoWeb, Inc. Technical Analysis Chart | AUTO | US05335B1008 | MarketScreener
Technical analysis trends AUTOWEB, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 4
Last Close Price 3,15 $
Average target price 4,75 $
Spread / Average Target 50,8%
EPS Revisions
Managers and Directors
Jared R. Rowe President, Chief Executive Officer & Director
Michael Sadowski Chief Financial Officer & Executive Vice President
Michael J. Fuchs Chairman
Daniel R. Ingle Chief Operating Officer & Executive Vice President
Glenn Evan Fuller Secretary, Chief Legal & Administrative Officer
Sector and Competitors
1st jan.Capi. (M$)
AUTOWEB, INC.27.53%42
WPP PLC22.35%15 889
OMNICOM GROUP INC.22.61%15 884