Decrease in Dealer Customers Featured

By Staff Writer November 07, 2019 Inc. reported revenue dropped in the third quarter, to $152.1 million, from $169.3 million in the year-ago quarter.

The decrease was primarily due to a decline in dealer customers and a $7.9 million drop in national advertising revenue, resulting from a reduction in upfront commitments for 2019 and lower close rates from OEMs. These declines were partially offset by growth in digital solutions revenue as well the uplift from affiliate conversions.

Rate this item
(0 votes)
Last modified on Wednesday, 13 November 2019 19:20

Trending News