TELENAV, INC. (NASDAQ:TNAV) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On August3, 2017, Telenav, Inc. (the “Company”) issued a press release announcing its financial results for the three months and fiscal year ended June30, 2017. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference. On the same day, the Company will host an investor conference call and live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The Company is making reference to non-GAAP financial information in both the press release and the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release and financial tables.
Item 2.02Financial Statements and Exhibits.
(d)Exhibits
|
Exhibit Number |
Description |
|
99.1 |
Press release of Telenav, Inc. dated August 3, 2017 |
Telenav, Inc. ExhibitEX-99.1 2 tnavfy17q4earningsrelease.htm EXHIBIT 99.1 Exhibit Telenav Reports Fourth Quarter and Fiscal Year 2017 Financial Results•Full Year Fiscal 2017 Total Revenue of $169.6 million•Full Year Fiscal 2017 Total Billings of $233.6 million,…To view the full exhibit click here
About TELENAV, INC. (NASDAQ:TNAV)
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. The advertising segment provides interactive mobile advertisements on behalf of its advertising clients to consumers based on the location of the user and other targeting capabilities. The mobile navigation segment provides its map and navigation platform to end users through mobile devices. The Company’s auto and mobile navigation platform allows it to deliver location-based services to auto manufacturers, developers and end users through various distribution channels, including wireless carriers.