Telenav, Inc. ($TNAV) 4Q20 Earnings Preview

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Telenav, Inc. (NASDAQ:TNAV) connected car and location-based platform outfit, is expected to report fourth quarter earnings results, after market close, on Wednesday 12th August 2020.

Analysts polled by Thomson Reuters anticipate fourth quarter loss of $ 0.13 per share.

Looking ahead, the full year income are expected at $ 0.22 per share on the revenues of $ 249.42 million.

Previous Quarter Performance

Telenav, Inc. disclosed loss for the third quarter of $ 0.02 per share, from the revenue of $ 64.50 million. The quarterly revenues extended 21.54 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.03 per share from $ 62.48 million in revenue. The bottom line results beat street analysts by $ 0.01 or 33.33 percent, at the same time, top line results outshined analysts by $ 2.02 million or 3.23 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Telenav, Inc.

Stock Performance

According to the previous trading day, closing price of TNAV was $ 5.79, representing a 56.06 % increase from the 52 week low of $ 3.71 and a 50.39 % decrease over the 52 week high of $ 11.67.

The company has a market capital of $ 273.80 million and is part of the Technology sector and Internet Content & Information industry.

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Conference Call

Telenav, Inc. will be hosting a conference call at 5:00 PM eastern time on 12th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.telenav.com

Telenav, Inc., together with its subsidiaries provides connected car and location-based platform services in the United States and internationally. The company operates through three segments: Automotive, Advertising, and Mobile Navigation. It offers automotive navigation services, including on-board solutions, which consist of software, map, and points of interest data loaded in vehicles that provide voice-guided turn by turn navigation displayed on the vehicle screen; and brought-in navigation services.