News articles about Telenav (NASDAQ:TNAV) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Telenav earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.226756746141 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Telenav (TNAV) traded down $0.05 during trading on Friday, hitting $4.90. 49,049 shares of the stock traded hands, compared to its average volume of 91,306. Telenav has a 12 month low of $4.70 and a 12 month high of $10.15.
Telenav (NASDAQ:TNAV) last released 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 company had revenue of $36.66 million during the quarter, compared to analyst estimates of $36.84 million. Telenav had a negative net margin of 32.94% and a negative return on equity of 41.16%. The firm’s quarterly revenue was down 13.2% compared to the same quarter last year. During the same quarter last year, the company earned ($0.22) EPS. sell-side analysts expect that Telenav will post -1.4 EPS for the current fiscal 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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