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Auto retailer Lithia Motors quarterly revenue greater than triples By Reuters 



© Reuters.

(Reuters) – Lithia Motors (NYSE:) Inc posted a soar in quarterly revenue of greater than 3 times because the U.S. auto retailer benefited from robust demand and better car costs.

Internet revenue was $156.2 million, or $5.81 per share, within the first quarter ended March 31, in contrast with $46.2 million, or $1.97 per share, a 12 months earlier.

Complete income surged 55% to $4.34 billion.

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