TeleNav (TNAV) Tops Q2 EPS by 2c

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Go back to TeleNav (TNAV) Tops Q2 EPS by 2c

Telenav Reports Second Quarter Fiscal 2016 Financial Results

February 2, 2016 4:06 PM EST

-Automotive Revenue of $31.8 million, up 32% year-over-year

-Location-based Advertising Revenue of $6.7 million, up 41% year-over-year

-Total Billings of $48.4 million, up 14% year-over-year

SUNNYVALE, Calif., Feb. 02, 2016 (GLOBE NEWSWIRE) -- Telenav®, Inc. (NASDAQ: TNAV), a leader in connected car services, today announced its financial results for the second quarter that ended December 31, 2015.

We delivered solid results, achieving sequential and year-over-year growth in both revenue and billings, for the second quarter of fiscal 2016, said HP Jin, chairman and CEO of Telenav. We continued to strengthen our... More