Inactive Instrument

MiX Telematics Limited

Equities

MIX

ZAE000125316

MiX Telematics Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

February 01, 2024 at 06:05 am EST

MiX Telematics Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was USD 39.09 million compared to USD 37.81 million a year ago. Net income was USD 1.46 million compared to USD 2.79 million a year ago. Basic earnings per share from continuing operations was USD 0.003 compared to USD 0.005 a year ago. Diluted earnings per share from continuing operations was USD 0.003 compared to USD 0.005 a year ago.
For the nine months, revenue was USD 113.2 million compared to USD 108.13 million a year ago. Net income was USD 3.32 million compared to USD 2.26 million a year ago. Basic earnings per share from continuing operations was USD 0.006 compared to USD 0.004 a year ago. Diluted earnings per share from continuing operations was USD 0.006 compared to USD 0.004 a year ago.

Latest news about MiX Telematics Limited

Sector Update: Tech Stocks Sliding Tuesday Afternoon	Apr. 02	MT
PowerFleet Shares Rise After MiX Telematics Deal Closes	Apr. 02	MT
MiX Telematics Limited(NYSE:MIXT) dropped from S&P Global BMI Index	Mar. 25	CI
Raymond James Adjusts MiX Telematics' Price Target to $12 From $8, Keeps Outperform Rating	Mar. 13	MT
Transport for Greater Manchester Chooses MiX Telematics	Feb. 08	CI
Transcript : MiX Telematics Limited, Q3 2024 Earnings Call, Feb 01, 2024	Feb. 01
Earnings Flash (MIXT) MIX TELEMATICS LIMITED Posts Q3 Revenue $39.1M	Feb. 01	MT
Earnings Flash (MIXT) MIX TELEMATICS LIMITED Reports Q3 EPS $0.11	Feb. 01	MT
Tranche Update on MiX Telematics Limited's Equity Buyback Plan announced on May 25, 2017.	Feb. 01	CI
MiX Telematics Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 01	CI
MiX Telematics Limited Announces Dividend Payment, Payable on March 7, 2024	Feb. 01	CI
Mix Telematics Limited Declares Dividend for the Third Quarter of Fiscal Year 202, Payable on February 26, 2024	Jan. 31	CI
Transcript : MiX Telematics Limited, PowerFleet, Inc. - Analyst/Investor Day	Nov. 16
Raymond James Adjusts MiX Telematics' Price Target to $8 From $10, Maintains Outperform Rating	Nov. 09	MT
Transcript : MiX Telematics Limited, Q2 2024 Earnings Call, Nov 08, 2023	Nov. 08
Earnings Flash (MIXT) MIX TELEMATICS LIMITED Posts Q2 Revenue $37.8M	Nov. 08	MT
Tranche Update on MiX Telematics Limited's Equity Buyback Plan announced on May 25, 2017.	Nov. 08	CI
MiX Telematics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 08	CI
Mix Telematics Limited Declares Dividend for the Second Quarter of Fiscal Year 2024, Payable on December 4, 2023	Nov. 07	CI
MiX Telematics Limited Provides Earnings Guidance for the Six Months Ended September 30, 2023	Nov. 07	CI
PowerFleet Shares Extend Decline Premarket Thursday After Announcing Merger With MiX Telematics Tuesday	23-10-12	MT
Sector Update: Tech Stocks Mixed Pre-Bell Tuesday	23-10-10	MT
Transcript : MiX Telematics Limited, PowerFleet, Inc. - M&A Call	23-10-10
PowerFleet to Merge With MiX Telematics	23-10-10	MT
Powerfleet, Inc. and MiX Telematics Limited Enter into Definitive Agreement to Form Mobile Asset Internet of Things Software	23-10-10	CI

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Company Profile

Mix Telematics Limited specializes in designing, developing and marketing technological solutions for managing automotive fleet and locating vehicles. The group's activity is organized primarily around 3 families of products: - automotive fleet management systems: information transmission systems on the driver's identity, fuel consumption, distance traveled, places visited, roads taken, travel time and driving speed for commercial vehicles; - wireless communication devices: for the driver's itinerary monitoring; - stolen car tracking solutions. Net sales (including intragroup) break down geographically as follows: Africa (58.2%), Middle East and Australasia (15.7%), Europe (12%), Americas (10.9%) and Brazil (3.2%).

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