EROAD Limited (NZX:ERD) has provided its quarterly update for the three months ended 30 June 2020. Key highlights are:
- The company’s New Zealand sales have returned to near normal growth levels across the Small and Medium (SMB) as well as Enterprise growth segments;
- During the quarter, 2,326 total units were added, where New Zealand was the biggest contributor with 1,938 units, followed by North America with 256 units;
- The company’s outlook for FY21 remains unchanged from previous announcement.
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.