MiX Telematics (MIXT) Misses Q3 EPS by 5c
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MiX Telematics Announces Financial Results for Third Quarter of Fiscal Year 2016
February 4, 2016 6:00 AM ESTReferences 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 R15.5419 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of December 31, 2015.
Third Quarter Highlights:
Total subscription revenue of R294 million ($19 million), grew 16% year over year Subscribers increased by 11% year over year, bringing the total to over 550,000 subscribers at December 31, 2015... More