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Full Year Revenue Grew 22%; Net Loss Decreased $31.6 Million
Two Chinese OEM Wins During the Fourth Quarter of 2020
Global partnership enhances Telenav’s VIVID Commerce solution for automotive OEMs
Telenav’s cloud-connected VIVID infotainment system and Alpine’s Infotainment device to allow users to simply plug-in to the latest in cloud-connected entertainment, navigation, and smart-assistant technology
Third Consecutive Quarter of Double-Digit Revenue Growth and Positive Adjusted EBITDA
Revenue of $64 Million, up 33% YoY; Adjusted EBITDA of $1.6 Million
Cash Balance Grew 43% YoY to $124 Million
Achievement Recognizes Company’s Commitment to Ensuring Software Reliability, Robustness, and Ongoing Quality