AutoNavi Holdings Limited Reports First Quarter 2014 Results

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AutoNavi Holdings Ltd. (AMAP) Reports Q1 Loss of $0.61/ADS

May 23, 2014 6:16 AM EDT

AutoNavi Holdings Ltd. (NASDAQ: AMAP) reported Q1 EPS of ($0.61), versus ($0.17) reported last year. Revenue for the quarter came in at $23.1 million, versus $34.3 million reported last year.

Automotive Navigation

Net revenues from the Company's automotive navigation business in the first quarter of 2014 were $14.5 million, compared to $15.5 million in the first quarter of... More