Telenav Reports Third Quarter Fiscal 2019 Financial Results

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TeleNav (TNAV) Misses Q3 EPS by 3c, Revenues Beat; Offers Q4 Revenue Outlook

May 9, 2019 4:55 PM EDT

TeleNav (NASDAQ: TNAV) reported Q3 EPS of ($0.16), $0.03 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $53.1 million versus the consensus estimate of $51.01 million.

Financial highlights for the third quarter ended Mar. 31, 2019

Total revenue for the third quarter of fiscal 2019 was $53.1 million, an increase of 14% compared with $46.4 million in the third quarter of fiscal 2018.Billings for the third quarter of fiscal 2019 were $69.1 million, an increase of 18% compared with $58.7 million in the third quarter... More