ERoad trims sales forecast while holding revenue outlook on US opportunity

Thu, 28 Jan 2016

By Sophie Boot Jan. 29 (BusinessDesk) - ERoad, the logistics and fleet management software and hardware developer, doesn't expect to sell as many units in North America as previously forecast, but is still optimistic new US federal rules on electronic logging devices will widen the company's market in the world's biggest economy. The Auckland-based company said average sales for its US direct sales channel were 240 units a month, which was "broadly in line with the forecast", however it cut its sales forecast for total contracted units t...

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