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Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls
KAROKarooooo .(KARO) Seeking Alpha·2024-10-16 23:11

Karooooo Ltd. (NASDAQ: KARO ) just dropped their Q2 FY 2025 results yesterday, and it's a bit of a mixed bag: On the upside, their Cartrack subscription service keeps adding customers, and they beat EPS expectations at $0.42, ahead by $0.03. But revenue pulled in $62.69M, missing by $853.9K. The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; fo ...