AutoTradeCenter Announces 17% Revenue Increase in 2nd Quarter
AutoTradeCenter (ATC) announced July 31 second quarter revenue of $3.9 million and $7.3 million for the three months and six months respectively ended June 30, 2003. The second quarter results represent a 17 percent overall revenue increase over the first quarter and a 3,594 percent increase in net profit. These figures represent the consolidated results of ATC and it’s wholly owned subsidiary, MarketWise Solutions.
“The first and second quarters of 2003 present exciting milestones for AutoTradeCenter, posting more than $1 million in monthly revenues consistently over the past six months,” states Roger L. Butterwick, president. “Management’s focus remains on expanding the company’s core business while building on a profitable bottom line.”
AutoTradeCenter, Inc. (ATC) is an Internet-based business-to-business automotive remarketing company offering its services to automobile manufacturers, captive finance companies, lease and rental companies, and financial institutions across the U.S. ATC says it powers successful remarketing programs for such companies as Audi, American Honda Finance, Hyundai, Isuzu, American Suzuki Motors, Volvo Finance North America, Daimler Chrysler Financial Services, Volkswagen, Enterprise Rent-a-Car, Subaru of America as well as banks and financial institutions. For more information on AutoTradeCenter, Inc., please visit www.autotradecenter.com.
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