Dutch digital mapping specialist TomTom reported on Tuesday a marginal rise in its first-quarter revenue, beating expectations, supported by a stronger-than-anticipated performance in its automotive location technology business. The Amsterdam-based company posted a revenue of 140.4 million euros ($159.44 million) for the first quarter, above the 136 million euros expected in a company-provided consensus. TomTom also confirmed its full-year outlook.Read More
