AutoNavi (AMAP) Tops Q4 EPS by 2c; Approves $50M Buyback; Guides FY13 Sales
Tweet Send to a FriendGet Alerts AMAP Hot Sheet
Trade AMAP Now!
AutoNavi Holdings Ltd. (NASDAQ: AMAP) reported Q4 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $43.6 million versus the consensus estimate of $39.46 million.
AutoNavi announced a share repurchase plan on February 28, 2012, pursuant to which the Company is authorized by its board of directors but not obligated to repurchase up to $50 million worth of its ADSs until February 26, 2013. As of February 26, 2013, the Company has repurchased a total of 2,536,647 ADSs, representing 10,146,588 ordinary shares, with a total consideration of approximately $29.2 million at a price range of $10.03 to $12.57 per ADS, including brokerage commissions.
Sees FY2013 revenue of $168-$176 million, versus the consensus of $174.4 million.
For earnings history and earnings-related data on AutoNavi Holdings Ltd. (AMAP) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
AutoNavi announced a share repurchase plan on February 28, 2012, pursuant to which the Company is authorized by its board of directors but not obligated to repurchase up to $50 million worth of its ADSs until February 26, 2013. As of February 26, 2013, the Company has repurchased a total of 2,536,647 ADSs, representing 10,146,588 ordinary shares, with a total consideration of approximately $29.2 million at a price range of $10.03 to $12.57 per ADS, including brokerage commissions.
Sees FY2013 revenue of $168-$176 million, versus the consensus of $174.4 million.
For earnings history and earnings-related data on AutoNavi Holdings Ltd. (AMAP) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Applied Materials, Inc. (AMAT) Tops Q2 EPS by 3c, Offers Guidance
- J.C. Penney Co., Inc. (JCP) Posts Q1 Loss of $1.31/Share; Comps Down 16.6%
- Kohls Corp. (KSS) Tops Q1 EPS by 8c; Comps Down 1.9%; Guides Q2
Create E-mail Alert Related Categories
Earnings, Guidance, Stock BuybacksRelated Entities
Stock Buyback, Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
