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Navteq(NVT Quote) delivered better-than-expected earnings late Wednesday in what could be one of the digital map data provider's last quarterly reports as a public company.
The Chicago, Ill.-based Navteq recorded a first-quarter profit of $32.9 million, or 33 cents a share, rising from $30.2 million, or 31 cents a share, in the year-ago quarter. The company said that revenue for the first quarter jumped to $224.4 million from $159.9 million in the year-ago quarter.
Analysts expected a profit of 32 cents a share on sales of $215.9 million, according to Thomson Financial. ...
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