TomTom reports USD23.1 million net income for Q2
Company expects revenue to total around EUR825 million in 2018
TomTom has reported net income of EUR19.8 million (USD23.1 million as on 30 June 2018) for the second quarter ended 30 June 2018, compared to net loss of EUR156.4 million (USD178.4 million as on 30 June 2017) for the same period a year earlier, the Netherlands-based mapping and location service provider said in a press release on 17 July. The company recorded an operating income of EUR24.9 million against an operating loss of EUR154.5 million.
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