TeleNav’s Transition Continues While Raising Outlook for Full FY 2014

TeleNav today reported $44.3 million as revenue for the quarter ended September 30, 2013, compared with $47.1 million in the same quarter last year and $42.5 million in the previous quarter.

“In the first quarter, we are pleased to have exceeded our revenue and adjusted EBITDA guidance, and we are raising our revenue outlook for full fisca…