Telenav: Fiscal 4Q Earnings Snapshot

SANTA CLARA, Calif. (AP) _ Telenav Inc. (TNAV) on Tuesday reported a loss of $26.6 million in its fiscal fourth quarter.

On a per-share basis, the Santa Clara, California-based company said it had a loss of 59 cents. Losses, adjusted for stock option expense, came to 55 cents per share.

The location-based platform services provider posted revenue of $16.6 million in the period.

For the year, the company reported that its loss widened to $89.1 million, or $2 per share. Revenue was reported as $106.2 million.

Telenav expects full-year revenue in the range of $52 million to $56 million.

Telenav shares have climbed nearly 1 percent since the beginning of the year. The stock has declined 14 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNAV at https://www.zacks.com/ap/TNAV