TomTom Forecasts Revenue and EPS Down in 2014

Dutch GPS maker TomTom yesterday released their earnings for the the fourth quarter and the full year 2013. For the full year revenue was down 9 percent to €963 million. The net result was €20 million (down 129 percent). Adjusted earnings per share were 0.26 against 0.40 last year, down 34 percent.

The only positiv…