Fleetmatics (FLTX) Tops Q3 EPS by 7c

Fleetmatics (NYSE: FLTX) reported Q3 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $60.4 million versus the consensus estimate of $58.9 million.

“We are delighted to be reporting strong third quarter results highlighted by record revenue and earnings,” said Jim Travers, Chairman and Chief Executive Officer of Fleetmatics. “Our results reflect strong new customer adoption of our software platform particularly among mid-market fleet operators, continued progress in new international markets, and cross selling of complimentary products such as Fleetmatics WORK. Looking ahead, we remain focused on increasing our penetration in North America, driving continued growth in international markets and delivering additional value to our customers with our growing portfolio of products.”

For earnings history and earnings-related data on Fleetmatics (FLTX) click here.

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