Previous Close | 7.06 |
Open | 7.06 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 6.91 - 7.16 |
52 Week Range | 5.95 - 9.36 |
Volume | |
Avg. Volume | 598,333 |
Market Cap | 896.267M |
Beta (5Y Monthly) | 1.19 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.82 |
Earnings Date | Jul 15, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | May 23, 2019 |
1y Target Est | 8.70 |
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TomTom will slash hundreds of jobs due to improvements it has made in automating its mapmaking activities, the Dutch digital navigation company said on Wednesday, adding that the cuts would amount to around a tenth of its global workforce. ING analyst Marc Hesselink estimated that the cuts would hit relatively lower-paid workers, adding that savings and restructuring charges for the company should balance out around 30 million euros ($32 million) each. "Over recent years TomTom has been working towards the holy grail of a fully automated map-making process," Hesselink said in a research note, adding that an investment drive launched this year appears to have been successful.
TomTom’s Maps Gain Greater Visual Context from Expanded Agreement with Maxar TomTom’s Maps Gain Greater Visual Context from Expanded Agreement with Maxar AMSTERDAM, April 19, 2022 (GLOBE NEWSWIRE) -- TomTom (TOM2), the geolocation technology specialist, announced that it has expanded its agreement with Maxar Technologies, a provider of comprehensive space solutions and secure, precise, geospatial intelligence, to integrate high-resolution, global satellite imagery into its product portfolio. Tom
TomTom’s mapmaking and navigation expertise to help accelerate development of next-gen electric vehicles (EV), autonomous driving, and mobility service applications. TomTom Partners with MIH Consortium TomTom Partners with MIH Consortium TomTom Partners with MIH Consortium TomTom Partners with MIH Consortium AMSTERDAM, March 31, 2022 (GLOBE NEWSWIRE) -- TomTom (TOM2), the geolocation technology specialist, today announced that it has joined the MIH Consortium as the first and only global mapmake