TomTom Reports First Quarter 2018 Results

The net result for the quarter was a gain of €6.4 million compared with a loss of €2.2 million in Q1 '17. The net result adjusted for movement of deferred revenue, unbilled revenue and deferred cost of sales on a post-tax basis was a gain of €22.6 million compared with a loss of €6.8 million in Q1 '17.

Adjusted EPS for the quarter was a gain of €0.10, versus a loss of €0.03 in the same quarter last year.

Net movement of deferred and unbilled revenues and deferred cost of sales per segment

(€ in millions)   Q1 ’18   Q1 ’17
         
Automotive   28.0   10.0
Enterprise -0.7 -10.9
Telematics -0.5 0.5
Consumer   -5.6   -5.3
Total   21.1   -5.8

Totals calculated before rounding.

 

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