{"id":125268,"date":"2018-11-01T18:53:19","date_gmt":"2018-11-01T16:53:19","guid":{"rendered":"https:\/\/www.myza.co.za\/mix-telematics-records-ninth-consecutive-quarter-of-margin-growth\/"},"modified":"2018-11-01T18:53:19","modified_gmt":"2018-11-01T16:53:19","slug":"mix-telematics-records-ninth-consecutive-quarter-of-margin-growth","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/mix-telematics-records-ninth-consecutive-quarter-of-margin-growth\/","title":{"rendered":"MiX Telematics records ninth consecutive quarter of margin growth"},"content":{"rendered":"<p><a target=\"_blank\" target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/mypr.co.za\/mix-telematics-records-ninth-consecutive-quarter-of-margin-growth\/\">MiX Telematics records ninth consecutive quarter of margin growth<\/a>: <\/p>\n<div id=\"attachment_62998\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-62998 size-large\" src=\"http:\/\/mypr.co.za\/wp-content\/uploads\/2018\/11\/MiX-Telematics-1000x309.gif\" alt=\"\" width=\"740\" height=\"229\" srcset=\"http:\/\/mypr.co.za\/wp-content\/uploads\/2018\/11\/MiX-Telematics-1000x309.gif 1000w, http:\/\/mypr.co.za\/wp-content\/uploads\/2018\/11\/MiX-Telematics-400x124.gif 400w, http:\/\/mypr.co.za\/wp-content\/uploads\/2018\/11\/MiX-Telematics-768x237.gif 768w, http:\/\/mypr.co.za\/wp-content\/uploads\/2018\/11\/MiX-Telematics-500x154.gif 500w\" sizes=\"auto, (max-width: 740px) 100vw, 740px\" \/><\/p>\n<p class=\"wp-caption-text\">Mix Telematics<\/p>\n<\/div>\n<p>Global telematics leader continues to exceed expectations across all key operating metrics.<\/p>\n<p>Boca Raton, FL \u2013 November 1, 2018 \u2013 MiX Telematics (NYSE: MIXT, JSE:MIX), a global leader of fleet and mobile asset management solutions, today announced financial results for its second quarter and first half of fiscal 2019, which ended on September 30, 2018.<\/p>\n<p>Central to the continued growth trend is the addition of over 22,000 net subscribers during the second quarter, taking the total, global subscriber base to over 714,000.<\/p>\n<p>Subscription revenue grew over 18% year over year and adjusted EBITDA margin reached over 30% in the quarter. This was the ninth consecutive quarter of year over year adjusted EBITDA margin improvement, a key objective for the group.<\/p>\n<p>\u201cMiX reported a very strong quarter, highlighted by our ability to exceed expectations across all key operating metrics.\u201d said Stefan Joselowitz, Chief Executive Officer of MiX Telematics. \u201cWe remain well positioned to maintain this momentum for the second half of fiscal 2019 and beyond given the strong and growing pipeline of opportunities worldwide.\u201d<\/p>\n<p>\u201cI\u2019d like to thank our teams that have delivered these great results. There\u2019s no doubt that our customers around the world are benefitting from our broad product portfolio and the great service we provide\u201d concludes Joselowitz.<\/p>\n<p>CLICK HERE to submit your press release to MyPR.co.za.<\/p>\n<p><small><strong>Source:<\/strong> <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/mypr.co.za\/mix-telematics-records-ninth-consecutive-quarter-of-margin-growth\/\">MyPR<\/a><\/small><br \/>\n<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"http:\/\/mypr.co.za\/submit\">Submit your own Press Release<\/a> or get free content for your publication.<\/p>\n<p><strong>Video &#8211; How to post your Press Release on MyPR:<\/strong><br \/>\n<iframe loading=\"lazy\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/9ovzdChGkuU\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p><small>My Press Release (MyPR) provides free South African targeted content and press releases for on and off line publishers and media. Registering on MyPR enables public relations companies and practitioners to post articles under their own author name. Public Relations Companies and practitioners, event organisers, sports and political writers use MyPR as a distribution mechanism for their press releases, content, images and news. A forever free subscription allows publishers and media free access to all press releases, content and images on MyPR.<br \/<br \/>\nThis press release is courtesy of <a target=\"_blank\" target=\"_blank\" href=\"https:\/\/mypr.co.za\/>MyPR.co.za<\/a> and was automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MiX Telematics records ninth consecutive quarter of margin growth: Mix Telematics Global telematics leader continues to exceed expectations across all key operating metrics. Boca Raton, FL \u2013 November 1, 2018 \u2013 MiX Telematics (NYSE: MIXT, JSE:MIX), a global leader of fleet and mobile asset management solutions, today announced financial results for its second quarter and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021],"tags":[9761,5901,32956,14824,8774,5859,8387],"class_list":{"0":"post-125268","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-mypr","7":"tag-consecutive","8":"tag-growth","9":"tag-margin","10":"tag-ninth","11":"tag-quarter","12":"tag-records","13":"tag-telematics","14":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/125268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=125268"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/125268\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=125268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=125268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=125268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}