Telenav, Inc. Provides Earnings Guidance for the Second Fiscal Quarter Ending December 31, 2019
November 07, 2019 at 04:01 pm EST
Telenav, Inc. provided earnings guidance for the second fiscal quarter ending December 31, 2019. For the quarter, total revenue is expected to be $55 million to $57 million., assuming approximately $9 million in license revenue in the quarter from the OpenTerra transaction they previously announced with Grab. GAAP net loss is expected to be $4.5 million to $6.5 million.