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ABTL Boosts Guidance Significantly; CRWE Updates Business Plan
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Autobytel Inc. (ABTL)
After the closing bell on Thursday, ABTL said that it has acquired Dealix Corporation and Autotegrity, Inc. for $25 million in an all-cash transaction and raised its business outlook for 2015.
According to ABTL, the acquisition is expected to be accretive to net income in 2015 and adds approximately 600 retail new dealers and 300 retail used dealers to the company's network, for a combined total of approximately 4,954 automotive dealers.
Following the transaction, ABTL has revised its guidance for fiscal 2015 and now expects revenues to range between $128.0 million and $132.0 million, up from the previously issued revenue guidance range of $114.0 million to $120.0 million, and non-GAAP diluted earnings per share to range between $1.21 and $1.27, up from the previously reported non-GAAP diluted EPS range of $0.97 to $1.16.
ABTL provides high quality consumer leads and associated marketing services to automotive dealers and manufacturers throughout the United States.
More about Autobytel Inc. (ABTL) at www.autobytel.com
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Crown Equity Holdings Inc. (CRWE)
CRWE has updated its business plan. ( http://crownequityholdings.com/extras/Business_Plan.pdf )
The company is currently developing its CRWE PR Network, which disseminates community, state, national and global news & information and is also the portal in promoting the company’s services, such as its business directory, business-to-business global trading, real estate, press release and video distribution, discounted vouchers and advertising platforms.
CRWE's growing network of community targeted sites is expected to be a one-stop shop for the various needs of consumers.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at http://crownequityholdings.com/extras/Business_Plan.pdf
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General Disclaimer: Statements on this newsletter may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company’s future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company’s partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Crown Equity Holdings Inc. provides links to websites operated by third parties. These links may be of interest or of use to you, and are provided for convenience only. You should be aware that in using these links, you are leaving Crown Equity Holdings Inc’s website. Crown Equity Holdings Inc. does not approve or endorse the content, information or materials available on such third party websites. In addition, Crown Equity Holdings Inc. makes no representation regarding, and is not responsible for, the content, information or material available on such websites. If you decide to access such websites or newsletter you do this at your own risk, and Crown Equity Holdings Inc. will not be liable for any loss or damage associated with your use of, or reliance on, the content, information or material available on such website. Read Full Disclaimer at www.doubleinstocks.com/disclaimer