AutoWeb to Hold Fourth Quarter and Full Year 2020 Conference Call on Thursday, March 11, 2021 at 5:00 p.m. ET
AutoWeb, Inc. (Nasdaq: AUTO) will host a conference call on March 11, 2021, at 5:00 PM ET to discuss its financial results for Q4 and the full year ended December 31, 2020. President & CEO Jared Rowe and CFO Mike Sadowski will lead the call, which includes a Q&A session. The company also highlighted its Tax Benefit Preservation Plan to protect about $104.1 million in net operating loss carryforwards from potential ownership changes under federal tax law. The call will be available live via the company's website, with a replay accessible until March 18, 2021.
- The company will disclose financial results for Q4 and FY 2020, offering investors insight into performance.
- AutoWeb has a Tax Benefit Preservation Plan to protect $104.1 million in NOLs, enhancing shareholder value.
- None.
TAMPA, Fla., Feb. 25, 2021 (GLOBE NEWSWIRE) -- AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing advertising solutions for automotive dealers and OEMs, will hold a conference call on Thursday, March 11, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2020. The company will report its financial results in a press release prior to the conference call.
AutoWeb President & CEO Jared Rowe and CFO Mike Sadowski will host the conference call, followed by a question-and-answer session.
Date: Thursday, March 11, 2021
Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)
Toll-free dial-in number: 1-877-852-2929
International dial-in number: 1-404-991-3925
Conference ID: 5897831
The conference call will also be broadcast live at www.autoweb.com (click on “Investors” and then click on “Events & Presentations”). Please visit the website at least 15 minutes prior to the start of the call to register and download any necessary software. For those who will be joining the call by phone, please call the conference telephone number 5-10 minutes prior to the start time, and an operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 1-949-574-3860.
A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through March 18, 2021. The call will also be archived in the Investors section of the company’s website for one year.
Toll-free replay number: 1-855-859-2056
International replay number: 1-404-537-3406
Replay ID: 5897831
Tax Benefit Preservation Plan
At December 31, 2020, the company had approximately
The Plan was adopted by the company’s board of directors to preserve the company’s NOLs and other tax attributes, and thus reduce the risk of a possible change of ownership under Section 382 of the Internal Revenue Code. Any such change of ownership under Section 382 would limit or eliminate the ability of the company to use its existing NOLs for federal income tax purposes. In general, an ownership change will occur if the company’s
As of December 31, 2020, there were 13,169,204 shares of the company’s common stock,
About AutoWeb, Inc.
AutoWeb, Inc. provides high-quality consumer leads, clicks and associated marketing services to automotive dealers and manufacturers throughout the United States. The company also provides consumers with robust and original online automotive content to help them make informed car-buying decisions. The company pioneered the automotive Internet in 1995 and has since helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and has helped every major automaker market its brand online.
Investors and other interested parties can receive AutoWeb news alerts and special event invitations by accessing the online registration form at http://investor.autoweb.com/alerts.cfm.
Company Contact:
Mike Sadowski
Chief Financial Officer
949-862-3031
michael.sadowski@autoweb.com
Investor Relations Contact:
Sean Mansouri, CFA
Gateway Investor Relations
1-949-574-3860
AUTO@gatewayir.com
FAQ
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