Loading…
Loading…
Karooooo (KARO) could produce exceptional returns because of its solid growth attributes.
Cartrack subscription revenue grew 20% in the fiscal second quarter. Cartrack net subscriber additions increased 34% to a record 94,516 during the quarter.
Karooooo's financial report included profits that fell short of expectations. However, management made a shrewd move that will pay off in the long run.
Karooooo Ltd. ( KARO ) Q2 2027 Earnings Call October 20, 2026 8:00 AM EDT Company Participants Paul Bieber - Vice President of Investor Relations & Strategic Finance Carmen Calisto - Chief Strategy & Marketing Officer Hoeshin Goy - CFO & Executive Director Isaias Jose Calisto - Founder, CEO & Executive Chairman Presentation Paul Bieber Vice President of Investor Relations & Strategic Finance Hello, and welcome to Karooooo's Q2 FY 2027 Financial Results Presentation.
Karooooo NASDAQ: KARO reported accelerating subscription-revenue growth and record quarterly operating profit for the second quarter of fiscal 2027, supported by sales-capacity investments, customer additions and demand for its video solutions and Cartrack Tag products.
Amazon jumps while Karooooo falls, Netflix and SpaceX set to report, and more
Karooooo Ltd. (KARO) came out with quarterly earnings of $0.57 per share, in line with the Zacks Consensus Estimate.
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo”) reported strong results for the second quarter (“Q2 2027”) ended August 31, 2026. Karooooo owns 100% of Cartrack and 91.5% of Karooooo Logistics, (collectively, “the group”). Financial highlights include: Q2 Karooooo Revenue increased 25% in constant currency Q2 Cartrack Subscription Revenue increased 20% Y/Y to ZAR1,415 million and 23% growth in constant currency Q2 ARR increased 19% Y/Y to ZAR5,708 million and 30% Y/Y in.