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Telenav Inc (TNAV.O)

TNAV.O on Nasdaq

8.25USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Telenav reports Q2 loss per share $0.26
Tuesday, 31 Jan 2017 04:15pm EST 

Telenav Inc - : Telenav reports second quarter fiscal 2017 financial results . Q2 loss per share $0.26 . Q2 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S . Qtrly total revenue was $52.0 million, compared with $45.3 million in same prior year period . Billings were $59.7 million, compared with $48.4 million in same prior year period for the quarter . Sees for quarter ending march 31, 2017 total revenue is expected to be $37 to $39 million . Sees for quarter ending march 31, 2017 net loss per share is expected to be $0.28 to $0.30 . Sees for quarter ending march 31, 2017 billings are expected to be $60 to $63 million . Q3 earnings per share view $-0.16, revenue view $48.9 million -- Thomson Reuters I/B/E/S .Q2 revenue view $51.4 million -- Thomson Reuters I/B/E/S.  Full Article

Telenav announces settlement of patent lawsuit
Thursday, 12 Jan 2017 04:15pm EST 

Telenav Inc : Telenav announces settlement of patent lawsuit . Telenav inc says one-time settlement and license payment of $8 million to be made by Telenav . Telenav inc says one-time settlement and license payment will have a material impact on Telenav's Q2 fiscal year 2017 financial results . Telenav inc- payment for settlement will occur during january 2017 . Telenav - total revenue is expected to be $51 to $52 million as compared to previous guidance of $46 to $49 million for quarter ended December 31, 2016 . Gross margin is expected to be 44.5% as compared to previous guidance of 42% for the quarter ended december 31, 2016 . Telenav inc- net loss per share is expected to be $0.28 to $0.30 for quarter ended december 31, 2016 . Telenav inc says entered into a settlement and license agreement with vehicle ip, llc resolving vehicle ip, llc v. at&t mobility, llc . Telenav inc says will not have any continuing obligations to make future settlement or license payments to vehicle ip .Q3 earnings per share view $-0.17, revenue view $48.4 million -- Thomson Reuters I/B/E/S.  Full Article

Nokomis Capital-Telenav agreed board to not exceed 8 members during restricted period
Wednesday, 24 Aug 2016 05:56pm EDT 

Nokomis Capital : Telenav agreed that, during restricted period, Telenav's board shall not exceed eight members - SEC filing . Restricted period is from date of agreement until 15 days prior to deadline for stockholder nominations of directors at 2017 AGM . Telenav agreed, during restriction period, not to take action to reconstitute classes in which directors serve without Nokomis's consent Source: (http://bit.ly/2bCxhk7) ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Nokomis Capital reports 9.4 pct stake in Telenav as of Aug 10
Friday, 12 Aug 2016 01:40pm EDT 

Telenav Inc : Nokomis Capital Llc Reports 9.4 Pct Stake In Telenav Inc As Of August 10 . Nokomis capital llc purchased telenav shares based on belief that shares, when purchased, were undervalued . Also intends to continue to engage, in discussions to enhance stockholder value including expense and capital allocation . Sec filing .Have engaged, and intend to continue to engage, in discussions with co’s management and board regarding composition of board.  Full Article

Telenav reports Q4 and fiscal year 2016 financial results
Tuesday, 2 Aug 2016 04:15pm EDT 

Telenav Inc : Telenav reports fourth quarter and fiscal year 2016 financial results . Q4 revenue $47.8 million versus I/B/E/S view $41.7 million . Q4 GAAP loss per share $0.19 .Q4 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S.  Full Article

Telenav Inc gives Q2 2016 guidance; revenue guidance below analysts' estimates
Thursday, 29 Oct 2015 04:05pm EDT 

Telenav Inc:Says Q2 2016 Total revenue is expected to be $43 to $45 million.Says Q2 2016 GAAP net loss is expected to be ($10.0) to ($11.0) million.Says Q2 2016 Diluted GAAP net loss per share is expected to be ($0.24) to ($0.26).Says Q2 2016 Non-GAAP net loss is expected to be ($7) to ($8) million.Says Q2 2016 Non-GAAP diluted net loss per share is expected to be ($0.17) to ($0.19).Says Q2 2016 Adjusted EBITDA is expected to be ($7) to ($8) million.Q2 2016 revenue of $46 million, EBITDA of $(7) million and EPS of $(0.17) - Thomson Reuters I/B/E/S.  Full Article

Telenav Inc gives Q1 2016 guidance; EPS guidance below analysts' estimates
Thursday, 30 Jul 2015 04:34pm EDT 

Telenav Inc:Expects Q1 2016 total revenue to be $44 to $46 million.Expects Q1 2016 GAAP net loss to be ($11) to ($12) million.Expects Q1 2016 GAAP diluted net loss per share to be ($0.27) to ($0.29).Expects Q1 2016 Non-GAAP net loss to be ($7) to ($8) million.Expects Q1 2016 Non-GAAP diluted net loss per share to be ($0.17) to ($0.19).Expects Q1 2016 adjusted EBITDA to be ($7) to ($8) million.Q1 2016 revenue of $46 million, EBITDA of $(7.8) million and EPS of $(0.12) - Thomson Reuters I/B/E/S.  Full Article

Telenav Inc gives Q4 2015 guidance; net income and EPS guidance above analysts' estimates; lowers high end of prior FY 2015 revenue guidance; raises FY 2015 earnings guidance
Thursday, 30 Apr 2015 04:26pm EDT 

Telenav Inc:Expects Q4 2015 total revenue to be $44 to $46 million.Expects Q4 2015 GAAP net loss to be ($8) to ($9) million.Expects Q4 2015 GAAP diluted net loss per share to be ($0.20) to ($0.23).Expects Q4 2015 Non-GAAP net loss to be ($5) to ($6) million.Expects Q4 2015 Non-GAAP diluted net loss per share to be ($0.13) to ($0.15).Expects Q4 2015 adjusted EBITDA to be ($6) to ($7) million.Expects FY 2015 total revenue to be $161 to $163 million.Expects FY 2015 GAAP net loss to be ($24) to ($25) million.Expects FY 2015 GAAP diluted net loss per share to be ($0.60) to ($0.63).Expects FY 2015 Non-GAAP net loss to be ($13) to ($14) million.Expects FY 2015 Non-GAAP diluted net loss per share to be ($0.33) to ($0.35).Expects FY 2015 adjusted EBITDA to be ($22) to ($23) million.Q4 2015 revenue of $46 million, net income of ($7) million, EPS of ($0.17) and EBITDA of ($7) million - Thomson Reuters I/B/E/S.FY 2015 revenue of $162 million, net income of ($18) million, EPS of ($0.46) and EBITDA of ($23) million - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Telenav reports Q2 loss per share $0.26

* Telenav reports second quarter fiscal 2017 financial results