MiX Telematics (MIXT) Tops Q2 EPS by 9c

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Go back to MiX Telematics (MIXT) Tops Q2 EPS by 9c

MiX Telematics Announces Financial Results for Second Quarter and First Half of Fiscal Year 2016

November 5, 2015 6:01 AM EST

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 R14.0282 per $1.00, which was the R/$ exchange rate reported by Oanda.com as at September 30, 2015.

Second quarter and first half highlights:

Subscribers increased by 13% year over year, bringing the total to over 540,000 subscribers at September 30, 2015 Second quarter subscription revenue of R285 million... More