Reported 1 day ago
Dutch navigation specialist TomTom reported a first-quarter revenue of 140.4 million euros, exceeding forecasts due to robust performance in its automotive and enterprise location technology sectors. The company's revenue grew by 1% year-on-year, leading to a significant increase in share trading. TomTom's CEO noted the company is focused on enhancing its value-added content, while they anticipate limited impact from U.S. tariffs due to lower exposure to the American market.
Source: YAHOO