(Reuters) – Dutch navigation and digital mapping company TomTom on Friday reported worse-than-expected loss for the second quarter, citing high inflation and strained supply chains.
The Amsterdam-based company, whose customers range from major carmakers to leading global tech firms, posted quarterly operating loss of 55.5 million euros ($55.7 million), against analysts’ average forecast for loss of 20 million euros.
($1 = 0.9972 euros)
(Reporting by Federica Mileo and Augustin Turpin in Gdansk; editing by Milla Nissi)
