MiX Telematics (MIXT) Tops Q4 EPS by 3c

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Go back to MiX Telematics (MIXT) Tops Q4 EPS by 3c

MiX Telematics Announces Financial Results for Fourth Quarter and Full Fiscal Year 2015

May 28, 2015 6:00 AM EDT

References in this announcement to R are to South African Rand and references to U.S. Dollars and $ are to United States Dollars. Unless otherwise stated MiX Telematics has translated U.S. Dollar amounts from South African Rand at the exchange rate of R12.0907 per $1.00, which was the R/$ exchange rate reported by Oanda.com as at March 31, 2015.

Fourth quarter and fiscal year highlights:

Subscribers increased by 14% year on year, bringing the total to over 512,000 subscribers Fourth quarter subscription revenue of R266 million ($22 million), grew 14% year... More