TomTom tops profit expectations in Q3, boosted by growth in automotive unit

(Reuters) -Dutch digital mapping specialist TomTom reported a rise in its third-quarter operating profit on Tuesday, beating market expectations, boosted by growth in its automotive location technology business. The Amsterdam-based company posted earnings before interest and taxes of 8.4 million euros ($9.7 million) for the quarter, a strong beat against analysts' average estimate of 2 million euros in a company-provided consensus. ($1 = 0.8629 euros) (Reporting by Mathias de Rozario and Elizaveta Zhuravleva in Gdansk, editing by Milla Nissi-Prussak)

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