The Traderszone Network

Published in TZ Latest News 10 June, 2015 by The TZ Newswire Staff

Fleetmatics Comes Back After Q1 Report Disaster

Fleetmatics Group (FLTX) is back in the Sector Leaders fold after getting the boot in early May following a bad reaction to an earnings report. On May 6, after the close, the company reported earnings and sales that topped estimates, but offered guidance that fell below Street expectations. Q1 earnings came in at 33 cents a share, a 74% increase from the year-earlier period and comfortably above the 25-cent consensus estimate.

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