February 1, 2018 / 9:15 PM / 9 months ago

BRIEF-Telenav Q2 Revenue $39.1 Million Versus $52 Million

Feb 1 (Reuters) - Telenav Inc:

* TELENAV REPORTS SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS

* Q2 REVENUE $39.1 MILLION VERSUS $52 MILLION

* ‍BILLINGS FOR Q2 OF FISCAL 2018 WERE $70.1 MILLION, COMPARED WITH $59.7 MILLION IN SAME PRIOR YEAR PERIOD​

* QTRLY ‍LOSS PER SHARE $0.35​

* ‍FOR QUARTER ENDING MARCH 31, 2018 TOTAL REVENUE IS EXPECTED TO BE $13 TO $14 MILLION​

* ‍FOR QUARTER ENDING MARCH 31, 2018 GAAP NET LOSS IS EXPECTED TO BE $32 MILLION TO $34 MILLION​

* ‍ FOR QUARTER ENDING MARCH 31, 2018, BILLINGS ARE EXPECTED TO BE $56 MILLION TO $59 MILLION​

* ‍ANTICIPATES THAT FOR SECOND HALF OF FISCAL 2018, ADJUSTED EBITDA ON BILLINGS WILL CONTINUE TO BE NEGATIVE​

* ‍ANTICIPATES THAT ADJUSTED EBITDA ON BILLINGS WILL BE POSITIVE FOR FISCAL 2019​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below