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News 2026-10-15 07:58 UTC

BUZZ — TomTom slips as Q3 revenue misses estimates

* Shares in TomTom fall nearly 5% after the Dutch location technology company posted lower-than-expected revenue * Third-quarter revenue fell to €128.9 million, missing the €131 million forecast seen in a company-provided consensus * The results highlighted continued weak revenue trends with underlying automotive trend