MiX Telematics (MIXT) Tops Q1 EPS by 7c

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MiX Telematics Reports First Quarter Fiscal 2022 U.S. GAAP Financial Results

July 29, 2021 6:05 AM EDT

First Quarter Highlights:

Subscription revenues of $31.1 million Net subscriber additions of 8,800, bringing the total base to over 753,000 subscribers Net income of $3.5 million Adjusted EBITDA of $8.3 million, at a 23.8% margin Net cash provided by operating activities of $4.7 million Cash and cash equivalents of $46.1 million at quarter end

MIDRAND, South Africa & BOCA RATON, Fla.--(BUSINESS WIRE)-- MiX Telematics Limited (MiX Telematics) (NYSE: MIXT, JSE: MIX), a leading global Software-as-a-Service (SaaS) provider of connected fleet management solutions, today... More