TeleNav, Inc. (TNAV) Tops Q1 EPS by 2c; Guides Q212, Authorizes $20M Buyback

October 27, 2011 4:10 PM EDT
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TeleNav, Inc. (NASDAQ: TNAV) reported Q1 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $52.7 million versus the consensus estimate of $51.5 million.

TeleNav, Inc. sees Q2 2012 revenue of $50-$52 million, versus the consensus of $53.6 million.

Authorizes $20 million buyback.


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