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Recap: MiX Telematics Q3 Earnings

 

MiX Telematics (NYSE:MIXT) reported its Q3 earnings results on Thursday, February 3, 2022 at 06:05 AM.

Here's what investors need to know about the announcement.

Also check out this: Insiders Buying Charter Communications And 3 More Stocks

Earnings

MiX Telematics missed estimated earnings by 30.0%, reporting an EPS of $0.07 versus an estimate of $0.1, which surprised analysts.

Revenue was up $2.11 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02, which was followed by a 0.16% increase in the share price the next day.

Here's a look at MiX Telematics's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.12 0.09 0.08 0.03
EPS Actual 0.10 0.13 0.15 0.15
Revenue Estimate 34.99M 33.05M 30.07M 26.32M
Revenue Actual 36.07M 34.90M 34.34M 34.10M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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