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Telenav Inc Issues Q4 2013 Mixed Guidance


Thursday, 25 Apr 2013 04:56pm EDT 

Telenav Inc announced that for the fourth quarter of 2013, it expects total revenue from continuing operations to be $41 to $43 million, GAAP net loss from continuing operations to be ($1) to ($2) million, GAAP diluted net loss per share from continuing operations to be ($0.02) to ($0.05), Non-GAAP net income from continuing operations to be $2 to $3 million, Non-GAAP diluted net income per share from continuing operations to be $0.05 to $0.07 and adjusted EBITDA from continuing operations (earnings before interest, taxes, depreciation, amortization, stock-based compensation expense, and gain on the sale of the Enterprise business) to be $1.5 to $2.5 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $45 million, net income of $(1.60) million, EPS of $(0.03) and EBITDA of $(0.83) million for the fourth quarter of 2013. 

Company Quote

7.4
-0.31 -4.02%
19 Sep 2014