ERoad meets sales forecasts in third quarter

Tue, 09 Jan 2018

By Sophie Boot Jan. 10 (BusinessDesk) - ERoad met its unit sales expectations in the third quarter of the 2018 financial year, lifting total contracted units by 17 percent. The logistics and fleet management firm said total contracted units, a non-GAAP measure it uses, rose to 69,391 in the three months ended Dec. 31, from 59,538 at the end of September. In its established market of Australia and New Zealand, it had 9.6 percent growth to 54,579 contracted units, while in its commercial market in the US it saw 52 percent growth to 14,8...

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