AutoNavi Holdings Ltd. (AMAP) Reports Q1 Loss of $0.61/ADS
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AutoNavi Holdings Limited Reports First Quarter 2014 Results
May 23, 2014 2:30 AM EDTBEIJING, May 23, 2014 (GLOBE NEWSWIRE) -- AutoNavi Holdings Limited ("AutoNavi" or the "Company") (Nasdaq: AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced its unaudited financial results for the first quarter ended March 31, 2014.
First Quarter 2014 Results
Revenues
Total net revenues in the first quarter of 2014 were $23.1 million, compared to $34.3 million in the first quarter of 2013, and $31.5 million in the fourth quarter of 2013.
Automotive Navigation
Net revenues from the Company's automotive navigation business in the first quarter... More
