Tomtom did not disappoint the market and released another set of a strong results. This quarter has also been helped by an “unexpected” GPS system bug that pulled in replacement sales in its Consumer segment. On the back of these better results, the company has upgraded its revenue guidance for the current year.
18 Jul 2019
Riding the Location technology momentum
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Riding the Location technology momentum
Tomtom did not disappoint the market and released another set of a strong results. This quarter has also been helped by an “unexpected” GPS system bug that pulled in replacement sales in its Consumer segment. On the back of these better results, the company has upgraded its revenue guidance for the current year.