MiX Telematics (MIXT) Tops Q3 EPS by 12c, Revenues Beat

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Go back to MiX Telematics (MIXT) Tops Q3 EPS by 12c, Revenues Beat

MiX Telematics Reports Third Quarter Fiscal 2021 U.S. GAAP Financial Results

January 28, 2021 6:05 AM EST

Third Quarter Highlights:

Subscription revenues of $29.1 million Net subscriber base of over 749,000 subscribers Net income of $5.9 million Adjusted EBITDA of $9.5 million, at a 28.0% margin Net cash provided by operating activities of $10.2 million leading to positive free cash flow of $8.7 million Cash and cash equivalents of $44.0 million at quarter end

MIDRAND, South Africa & BOCA RATON, Fla.--(BUSINESS WIRE)-- MiX Telematics Limited (MiX Telematics) (NYSE: MIXT, JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered... More