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Tag Archives: revenue

Mobileye expected to announce deals with carmakers for its HD maps, bringing in revenues much before AVs hit road

Mobileye_Intel_T'wire2

(Reuters) Mobileye’s mapping program for self-driving cars will start making money long before fully autonomous vehicles hit the roads, its chairman told Reuters, as carmakers can use the technology for a variety of semi-autonomous driving features. Amnon Shashua, head of the Israeli technology company that is being bought by Intel …

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u-blox achieves strong growth during first half of 2013 and increases guidance

u-blox

  Switzerland : u-blox has announced revenue for the first half year 2013 of CHF 105.1 million. This constitutes a 35.4% increase over the first half year of 2012. Gross profit experienced an increase to CHF 49.1 million, resulting in a gross profit margin of 46.7%. EBIT for the first …

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CSR declares 2nd quarter revenue results – to continue exploring new areas of growth

UK: CSR has reported its second-quarter revenues, with its share price nearing a five-year high which is above analysts’ expectations. The company has witnessed a 13 per cent rise in sales of its core products. Operating profits rose, thanks to lower costs, leading the company to extend its share buyback …

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Webtech Wireless receives $2 million worth order from major fleet customer

Webtech Wireless

USA:  Webtech Wireless has announced it has attained three orders totaling approximately $2 million in hardware and services from an existing US fleet customer. The first and second of the three orders were received and goods delivered in the Company’s first quarter with the largest of the three orders, received …

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TomTom releases first quarter 2013 financial results

TomTom

USA: TomTom has released its first quarter 2013 results. The financial summary of first quarter 2013: Financial highlights Revenue of €202 million (Q1 2012: €233 million) Gross margin of 56% (Q1 2012: 49%) Adjusted EPS¹ of €0.03 (Q1 2012:€ 0.04) Net debt of €14 million (Q4 2012: €86 million) Operational …

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FleetCore to buy TeleNav’s enterprise business unit for $10 million

Telenav

USA: TeleNav has announced that it has entered into an agreement to sell the Telenav enterprise business unit to FleetCor Technologies Operating Company for about $10 million in cash, with an anticipated closing date in approximately 30 days. Telenav said its enterprise business allows companies to better manage operations by using the …

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4G LTE market revenue to cross $340 Billion by 2017

juniper research

UK: According to a new report by Juniper research, 4G LTE revenues will grow rapidly, reaching more than $340 billion by 2017 globally, compared to just over $75 billion this year. This figure is said to represent over 30% of total service revenues from all mobile services of all generations …

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TomTom announces fourth quarter and full year results

TomTom

Financial headlines Q4 2012 Revenue down 19% year on year to €289 million Gross margin up 7 percentage points year on year to 53% One-off tax gain of €80 million; proceeds to be received in H1 2013 EPS of €0.45 and adjusted EPS1 of €0.13 (Q4 2011: €0.05 and €0.16 respectively) …

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LBS revenues in Europe to scale € 825 million by 2017: Berg Insight

UK: A new research report by Berg Insight forecasts that mobile location-based service (LBS) revenues in Europe are forecasted to grow from € 325 million in 2012 at a compound annual growth rate (CAGR) of 20.5 percent to reach € 825 million in 2017. The North American LBS market is …

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LBS industry to generate around $6 billion revenue by 2017

UK: ABI Research has identified location-based retail applications, advertising, and emerging markets as key revenue growth enablers for the LBS market over the next 5 years. Today, the LBS market is largely concentrated in North America and Europe. However, over the last 12 months there has been a major change in …

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