MiX Telematics (MIXT) Reports Q3 EPS of $0.12

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MiX Telematics Announces Financial Results for Third Quarter of Fiscal 2017

February 2, 2017 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 R13.7392 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of December 31, 2016.

Third Quarter Highlights:

Net subscriber additions of 20,300 in the quarter Subscribers increased by 10% year over year, bringing the total to over 605,000 subscribers at December 31, 2016... More