TeleNav Stops Revenue Decline, But Profitability Not In Sight Yet

Navigation software vendor TeleNav announced its financial results today with $35.0 million in revenue, compared with $34.4 million in the fourth quarter of fiscal year 2014 and $44.3 million in the first quarter of fiscal year 2014 (ended September 30, 2014).

GAAP net loss for the first quarter of fiscal year 201…