Telenav Reports Second Quarter Fiscal 2020 Financial Results

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TeleNav (TNAV) Tops Q2 EPS by 21c, Revenues Beat

February 6, 2020 4:56 PM EST

TeleNav (NASDAQ: TNAV) reported Q2 EPS of $0.13, $0.21 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $67.3 million versus the consensus estimate of $56.14 million.

Financial highlights for the second quarter ended Dec. 31, 2019

Total revenue for the second quarter of fiscal 2020 was $67.3 million, an increase of 34% compared with $50.2 million in the second quarter of fiscal 2019. Product revenue for the second quarter of fiscal 2020 was $55.4 million, an increase of 31% compared with $42.4 million in the second quarter of fiscal 2019. Services revenue for the... More