April 23, 2013 / 5:50 AM / in 5 years

TomTom reports Q1 net loss, sticks to full-year outlook

AMSTERDAM, April 23 (Reuters) - TomTom, Europe’s largest maker of navigation devices and among the three biggest digital map-makers in the world, on Tuesday reported a slightly smaller-than-expected first-quarter net loss and reiterated its full-year forecast.

TomTom reported a quarterly net loss of 2 million euros, unchanged from a year ago, and revenue of 202 million euros, down 13 percent.

Analysts in a poll commissioned by Reuters had expected a first-quarter net loss of 5.85 million euros on revenue of 203 million euros.

TomTom reiterated its full-year forecasts from February of adjusted earnings per share of about 0.20 euros and revenue would be in the range of 900 million euros to 950 million euros.

Our Standards:The Thomson Reuters Trust Principles.
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