TeleNav Grows Revenue, Reduces Loss in Q4 2014

GPS navigation vendor TeleNav released last week its financial results for its quarter ended December 31, 2014 (second quarter of fiscal year 2015).

Revenue was $39.8 million, compared with $35.0 million in the first quarter of fiscal year 2015 and $37.2 million in the second quarter of fiscal year 2014.

Automotive revenue was $24.1 million…