DealerTrack Holdings Reports First Quarter 2010 Financial Results and Maintains Revenue and Earnings Guidance.

Business WireMay 05, 2010

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DealerTrack Holdings Reports First Quarter 2010 Financial Results and Maintains Revenue and Earnings Guidance.

LAKE SUCCESS, N.Y. -- DealerTrack Holdings, Inc. (Nasdaq: TRAK) today reported financial results for the first quarter ended March 31, 2010.

GAAP Results for the First Quarter 2010

* Revenue for the quarter was $56.8 million, as compared to $55.7 million for the first quarter of 2009.

* GAAP net loss for the quarter was $(2.5) million, as compared to GAAP net loss of $(5.6) million for the first quarter of 2009.

* GAAP net loss per share for the quarter was $(0.06) as compared to GAAP net loss per share of $(0.14) for the first quarter of 2009.

Non-GAAP Results for the First Quarter 2010

* Adjus...

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