Telenav Reports Third Quarter Fiscal 2018 Financial Results
TELENAV (TNAV)
Last telenav earnings: 2/6 04:02 pm
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US:NASDAQ Investor Relations:
investor.telenav.com
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Source: GlobeNewswire
SANTA CLARA, Calif., May 03, 2018 (GLOBE NEWSWIRE) -- Telenav®, Inc. (NASDAQ:TNAV), a leading provider of connected car and location-based platform services, today released its financial results for the third fiscal quarter ended March 31, 2018 by issuing this press release and posting a letter to stockholders on the quarter on its website. Please visit Telenav’s investor relations website at http://investor.telenav.com to view the Q3 fiscal year 2018 financial results and letter to stockholders. “We are pleased to deliver a record number of Telenav enabled cars to the market during the quarter,” said HP Jin, Chairman and CEO of Telenav. “There are now more than 8 million connected cars on the road powered by Telenav’s location-based services platform.” Financial Highlights for the third quarter ended March 31, 2018 Total revenue for the third quarter of fiscal 2018 was $13.8 million, compared with $35.1 million in the same prior year period. As previously announced, the decline
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