MiX Telematics Reports First Quarter 2021 U.S. GAAP Financial Results

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MiX Telematics (MIXT) Tops Q1 EPS by 11c

July 30, 2020 6:57 AM EDT

MiX Telematics (NYSE: MIXT) reported Q1 EPS of $0.08, $0.11 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $27.5 million versus the consensus estimate of $27.24 million.

First Quarter Highlights:

Subscription revenues of $25.9 million, representing 94% of revenueNet subscriber base of over 787,000 subscribersNet income of $2.4 millionAdjusted... More