Media headlines about Telenav (NASDAQ:TNAV) have trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Telenav earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.0390454109576 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Telenav (TNAV) remained flat at $$5.60 during mid-day trading on Monday. The company’s stock had a trading volume of 47,200 shares, compared to its average volume of 72,756. Telenav has a fifty-two week low of $4.50 and a fifty-two week high of $10.15. The stock has a market cap of $248.15, a PE ratio of -4.55 and a beta of 0.87.
Telenav (NASDAQ:TNAV) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.37) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by ($0.06). The business had revenue of $36.66 million during the quarter, compared to analysts’ expectations of $36.84 million. Telenav had a negative return on equity of 41.16% and a negative net margin of 32.94%. The firm’s revenue for the quarter was down 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.22) EPS. equities research analysts anticipate that Telenav will post -1.4 EPS for the current year.
Telenav Company Profile
TeleNav, Inc (Telenav) is a provider of location-based platform services. The Company’s services consist of its automotive and mobile navigation platform and its advertising delivery platform. The Company operates through three segments: automotive, advertising and mobile navigation. The automotive segment provides its map and navigation platform to auto manufacturers and original equipment manufacturers (OEMs) for distribution with their vehicles.
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