Telenav, Inc. (NASDAQ:TNAV) is set to announce its earnings results after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of ($0.31) per share for the quarter.

Telenav (NASDAQ:TNAV) last posted its earnings results on Thursday, August 3rd. The technology company reported ($0.29) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.02. The business had revenue of $40.29 million for the quarter, compared to analyst estimates of $39.87 million. Telenav had a negative return on equity of 32.05% and a negative net margin of 27.87%. The firm’s revenue was down 15.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.19) EPS. On average, analysts expect Telenav to post $-1.15 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telenav, Inc. (NASDAQ:TNAV) traded down 0.397% on Monday, hitting $6.275. The company had a trading volume of 1,850 shares. The stock’s market capitalization is $275.76 million. The stock has a 50 day moving average of $6.46 and a 200-day moving average of $7.59. Telenav, Inc. has a one year low of $4.80 and a one year high of $10.15.

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A number of brokerages recently commented on TNAV. B. Riley reiterated a “buy” rating and set a $11.00 price target on shares of Telenav in a report on Thursday, August 10th. ValuEngine lowered Telenav from a “hold” rating to a “sell” rating in a report on Monday, August 14th. BidaskClub lowered Telenav from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Northland Securities set a $15.00 price target on Telenav and gave the stock a “buy” rating in a report on Monday, July 10th. Finally, Zacks Investment Research upgraded Telenav from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $12.75.

About Telenav

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.

Earnings History for Telenav (NASDAQ:TNAV)

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