Recap: Telenav Q4 Earnings

Shares of Telenav TNAV were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 9.09% year over year to ($0.20), which missed the estimate of ($0.13).

Revenue of $35,351,000 declined by 39.52% year over year, which missed the estimate of $44,430,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 12, 2020

Time: 05:00 PM

ET Webcast URL: https://telenav.zoom.us/webinar/register/WN__Huf-DbaRq6DPxfstrwO_A

Price Action

52-week high: $11.67

52-week low: $3.71

Price action over last quarter: Up 11.84%

Company Description

Telenav Inc is a provider of location-based services, including voice-guided navigation, on mobile phones. The company's operating segment includes Automotive; Advertising and Mobile Navigation. It generates maximum interest from the Automotive segment. Automotive segment utilizes connected car platform to deliver enhanced location-based navigation services to automobile manufacturers and tier ones, which includes on-board navigation systems, advanced hybrid navigation solutions, and mobile phone-based navigation solutions. Geographically, it derives a majority of revenue from the United States.