TomTom: 2Q Revenue Down 4%, Maintains Guidance for Full Year

TomTom: 2Q Revenue Down 4%, Maintains Guidance for Full Year
TomTom today announced their financial results for the second quarter, posting a revenue of €250 million, a 4% decrease compared to the same quarter last year (Q2 2012: €262 million).

The company announced adjusted EPS of €0.07 (Q2 2012: €0.09) and a cash flow from operating activities of €45 million (Q2 2012: €1…