{"id":516727,"date":"2021-07-22T16:11:18","date_gmt":"2021-07-22T20:11:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/"},"modified":"2021-07-22T16:11:18","modified_gmt":"2021-07-22T20:11:18","slug":"autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/","title":{"rendered":"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TAMPA, Fla., July  22, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gmGXuh3r0LZ5kv1vsu3xXjwzZdfLgc8Hjg4F1Zoe3tvxnaIhlv8OPeBa38aqcp6Cnqx-WyGqkjvM61HIhRvehA==\" rel=\"nofollow noopener\" target=\"_blank\">AutoWeb, Inc.<\/a> (Nasdaq: AUTO), a robust digital marketing platform providing solutions for automotive dealers, agencies and OEMs, will hold a conference call on Thursday, August 5, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call.<\/p>\n<p align=\"justify\">AutoWeb President &amp; CEO Jared Rowe and CFO Mike Sadowski will host the conference call, followed by a question-and-answer session.<\/p>\n<p align=\"justify\">Date: Thursday, August 5, 2021<br \/>Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)<br \/>Toll-free dial-in number: 1-877-852-2929<br \/>International dial-in number: 1-404-991-3925<br \/>Conference ID: 7169687<\/p>\n<p align=\"justify\">The conference call will also be broadcast live <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y-B5jRaz207IzbPMMmsfcIrmEoRBDA9NYM0BzYfkZ163AeQ4Axva2Ps5JNy6O6bhC0eqEnhN_Zp5yIUrcfEK0oyNNFmCRmcgEMdh0esTxDI=\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a> and at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ST656dkFTdeFVax0zBWoYoFlIWNZXXOxeb5lz_DvKXhjQ4avfRdGvzIiP2rjTY9BSp7QNTmfG2YOrCqzkWahMg==\" rel=\"nofollow noopener\" target=\"_blank\">www.autoweb.com<\/a> (click on \u201cInvestors\u201d and then click on \u201cEvents &amp; Presentations\u201d). 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.<\/p>\n<p align=\"justify\">A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through August 12, 2021. The call will also be archived in the Investors section of the company\u2019s website for one year.<\/p>\n<p align=\"justify\">Toll-free replay number: 1-855-859-2056<br \/>International replay number: 1-404-537-3406<br \/>Replay ID: 7169687<\/p>\n<p align=\"justify\">\n        <strong>Tax Benefit Preservation Plan<\/strong><br \/>\n        <br \/>At December 31, 2020, the company had approximately $104.1 million in available net operating loss carryforwards (NOLs) for U.S. federal income tax purposes. AutoWeb reminds stockholders about its Tax Benefit Preservation Plan dated May 26, 2010, as amended (the \u201cPlan\u201d) between the company and Computershare Trust Company, N.A., as rights agent.<\/p>\n<p align=\"justify\">The Plan was adopted by the company\u2019s board of directors to preserve the company\u2019s 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\u2019s 5% shareholders, for purposes of Section 382, collectively increase their ownership in the company by an aggregate of more than 50 percentage points over a rolling three-year period. The Plan is designed to reduce the likelihood that the company experiences such an ownership change by discouraging any person or group from becoming a new 5% shareholder under Section 382. Rights issued under the Plan could be triggered upon the acquisition by any person or group of 4.9% or more of the company\u2019s outstanding common stock and could result in substantial dilution of the acquirer\u2019s percentage ownership in the company. There is no guarantee that the Plan will achieve the objective of preserving the value of the company\u2019s NOLs.<\/p>\n<p align=\"justify\">As of June 30, 2021, there were 13,465,871 shares of the company\u2019s common stock, $0.001 par value, outstanding. Persons or groups considering the acquisition of shares of beneficial ownership of the company\u2019s common stock should first evaluate their percentage ownership based on this revised outstanding share number to ensure that the acquisition of shares does not result in beneficial ownership of 4.9% or more of outstanding shares. For more information about the Plan, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NJ84nLcgutFEHrAlwWh4pSbW2RazCZ5ndzS90rZm0xmcJdP5thZc9in9S1c7yS7frwC5GAo3wKXGlRjEZnX6eOUxE7QbB-mhlFX9Ii_pejDiirUjy6hxMsjxZs0R0FtYKjw5BElC32FEahON-iUMpOOQ9FV9EKm3t2HME7ohZtI=\" rel=\"nofollow noopener\" target=\"_blank\">investor.autoweb.com\/financial-information\/tax<\/a><u>.<\/u><\/p>\n<p align=\"justify\">\n        <strong>About AutoWeb, Inc.<\/strong><br \/>\n        <br \/>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.<\/p>\n<p align=\"justify\">Investors and other interested parties can receive AutoWeb news alerts and special event invitations by accessing the online registration form at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BxP6nzNXr0wiXhvFb_KExuzBvWmwX_oZLaqwfet7kV-BKY7lahwkkCAGydQqzYevKSqfuTT5AJAbJokHL1fzyNrw6pwsjsS6KnXUhJXKvzA337CR4Yf_BnkWgyr3A3VOLtKsN47SEQIoBdTwY97QFA==\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/investor.autoweb.com\/alerts.cfm<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Company Contact:<br \/><\/strong>Mike Sadowski<br \/>Chief Financial Officer<br \/>949-862-3031<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3tdvU53S68zWGlPF7lK7vpf0n6JqQdF5tjVtG_E6JVcCzxgRFHkScm_AMMiOikIW0Mi7ZDn0m9sPaULqWAyF4lb_wAnPCYszTitu2JtD5wRrxe8N-XHdeROa8x-Vh4qt\" rel=\"nofollow noopener\" target=\"_blank\">michael.sadowski@autoweb.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Investor Relations Contact:<\/strong><br \/>\n        <br \/>Cody Cree or Jackie Keshner<br \/>Gateway Investor Relations<br \/>1-949-574-3860<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=A-PdTNVtw547L40rkzx3leIHwkSeL6hWqq8m7L4fwNS7vcnwVEmhlg47vDtqj85GAdNMZ2axBm81DfKbSKObzBctO3jSz_uGviJ8XhqSXyA=\" rel=\"nofollow noopener\" target=\"_blank\">AUTO@gatewayir.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDc0NiM0MzA0NTgzIzIwMTkzMDM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/47f2d74c-39d3-46d5-9319-857d04619496\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TAMPA, Fla., July 22, 2021 (GLOBE NEWSWIRE) &#8212; AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing solutions for automotive dealers, agencies and OEMs, will hold a conference call on Thursday, August 5, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call. AutoWeb President &amp; CEO Jared Rowe and CFO Mike Sadowski will host the conference call, followed by a question-and-answer session. Date: Thursday, August 5, 2021Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-852-2929International dial-in number: 1-404-991-3925Conference ID: 7169687 The conference call will also be broadcast live here and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516727","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TAMPA, Fla., July 22, 2021 (GLOBE NEWSWIRE) &#8212; AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing solutions for automotive dealers, agencies and OEMs, will hold a conference call on Thursday, August 5, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call. AutoWeb President &amp; CEO Jared Rowe and CFO Mike Sadowski will host the conference call, followed by a question-and-answer session. Date: Thursday, August 5, 2021Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-852-2929International dial-in number: 1-404-991-3925Conference ID: 7169687 The conference call will also be broadcast live here and &hellip; Continue reading &quot;AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-22T20:11:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDc0NiM0MzA0NTgzIzIwMTkzMDM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET\",\"datePublished\":\"2021-07-22T20:11:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/\"},\"wordCount\":726,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4NDc0NiM0MzA0NTgzIzIwMTkzMDM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\\\/\",\"name\":\"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET - 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(Nasdaq: AUTO), a robust digital marketing platform providing solutions for automotive dealers, agencies and OEMs, will hold a conference call on Thursday, August 5, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call. AutoWeb President &amp; CEO Jared Rowe and CFO Mike Sadowski will host the conference call, followed by a question-and-answer session. Date: Thursday, August 5, 2021Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-852-2929International dial-in number: 1-404-991-3925Conference ID: 7169687 The conference call will also be broadcast live here and &hellip; Continue reading \"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-22T20:11:18+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDc0NiM0MzA0NTgzIzIwMTkzMDM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET","datePublished":"2021-07-22T20:11:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/"},"wordCount":726,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDc0NiM0MzA0NTgzIzIwMTkzMDM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/autoweb-to-hold-second-quarter-2021-conference-call-on-thursday-august-5-2021-at-500-p-m-et\/","name":"AutoWeb to Hold Second Quarter 2021 Conference Call on Thursday, August 5, 2021 at 5:00 p.m. ET - 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