AutoNavi Holdings Ltd. (AMAP) Tops Q3 EPS by 2c; Maintains FY11 Outlook

November 17, 2011 7:12 AM EST
AutoNavi Holdings Ltd. (NASDAQ: AMAP) reported Q3 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $33.9 million versus the consensus estimate of $33.09 million.

AutoNavi's free mobile map application had a total of 26 million users and over 10 million monthly active users as of the end of the third quarter of 2011, compared to a total of 17 million users and over 4 million monthly active users as of the end of the second quarter of 2011.

Maintains FY11 outlook.


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