AMSTERDAM, April 23 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
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
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.