SANTA CLARA, Calif. (AP) _ Telenav Inc. (TNAV) on Tuesday reported fiscal first-quarter net income of $3.3 million, after reporting a loss in the same period a year earlier.

The Santa Clara, California-based company said it had net income of 7 cents per share.

The location-based platform services provider posted revenue of $69.6 million in the period.

The company's shares closed at $3.97. A year ago, they were trading at $4.71.

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