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Eroad annual loss just squeaks in the twice-revised guidance

Regulations key to Eroad's success have been passed, but the US is not entirely happy – bumpy road ahead. With special feature audio. 

Calida Smylie
Thu, 26 May 2016

Road tolling and fleet management technology developer Eroad [NZX: ERD] has struggled to meet its own forecasts, as regulatory uncertainty hits sales.

The company made a net loss before tax of $1.3 million, at the bottom end of its twice-revised guidance.

Earlier this month, the company cut its

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Calida Smylie
Thu, 26 May 2016
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Eroad annual loss just squeaks in the twice-revised guidance
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