MiX Telematics (MIXT) Misses Q2 EPS by 8c

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Go back to MiX Telematics (MIXT) Misses Q2 EPS by 8c

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

October 28, 2021 6:05 AM EDT

Second Quarter Highlights:

Total revenues of $36.1 million Subscription revenues of $30.9 million Net subscriber additions of 16,700, bringing the total base to over 770,000 subscribers Net income of $1.3 million Adjusted EBITDA of $7.9 million, at a 21.9% margin Cash and cash equivalents of $39.8 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 announced financial results, in accordance... More