Ituran Location & Control

Ituran Location & Control Ltd. engages in the provision of stolen vehicle recovery, fleet management, and tracking services. It operates through the following segments: Telematics Services and Telematics Products. The Telematics Services segment consists predominantly of regionally- based stolen vehicle recovery services, fleet management services and value-added services comprised of personal advanced locater services and concierge services. The Telematics Products segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. The company was founded by Yehuda Kahane and Izzy Sheratzky in February 1994 and is headquartered in Azour, Israel.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2024

Ituran Location & Control (ITRN) posts record revenue and subscriber growth in Q4 2022

Ituran Location & Control (ITRN) delivered a solid performance in Q4 2022, achieving record revenue and subscriber milestones. The company's strategic focus on improving margins, expanding services, and returning value to shareholders positions it well for future growth.

Ituran Location & Control (ITRN) reports record Q1 performance and explores new growth avenues

Ituran Location & Control (ITRN) showcased robust financial performance in Q1 2023, driven by subscriber growth and margin improvements.
The company's strategic initiatives in new verticals and strong cash position position it well for future growth.
While challenges like managing expenses persist, Ituran's focus on sustainable growth and operational efficiency bodes well for its long-term prospects.

Ituran Location & Control reports strong Q2 earnings and diversifies into new markets

Ituran Location & Control's Q2 2023 earnings call showcased robust financial results, driven by subscriber growth and revenue expansion. Despite challenges from currency headwinds, the company's strategic partnerships and focus on new markets position it well for future growth and profitability.

Ituran reports strong Q3 earnings, boosts dividend, eyes Brazil growth

Ituran Location & Control's Q3 2023 earnings call highlighted robust financial performance, strong subscriber growth, and increased dividend payouts. Despite external challenges like the recent war in Israel, the company remains optimistic about its business outlook. Market dynamics in Brazil present significant growth opportunities for Ituran, particularly in stolen vehicle recovery and B2B segments.

Ituran Location & Control reports record 2023 performance and growth

Ituran Location & Control achieved a record year in 2023 with strong financial results and subscriber growth.
Despite challenges like geopolitical events, the company maintained a solid financial position and shareholder value focus.
Opportunities lie in surpassing EBITDA targets, strategic investments, and market expansion for future growth.

Ituran Location & Control reports robust Q1 results and eyes growth opportunities

Ituran's Q1 2024 performance reflects financial stability, subscriber growth, and a commitment to shareholder value through increased dividends.
While facing challenges such as margin pressure and regional market trends, the company remains well-positioned for growth.
Exploring opportunities in new services and market segments can drive future profitability and enhance shareholder value.

Ituran Location & Control reports robust Q2 results and eyes growth

Ituran Location & Control demonstrated resilience in revenue growth and subscriber additions amidst currency challenges.
Strategic collaborations, strong cash position, and revenue diversification position the company for sustained growth.
While facing competitive and currency-related challenges, Ituran's focus on innovation and expansion presents promising opportunities.

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Ituran Location & Control Ltd. engages in the provision of stolen vehicle recovery, fleet management, and tracking services. It operates through the Telematics Services and Telematics Products segments. The Telematics Services segment consists of regionally- based stolen vehicle recovery services, fleet management services, and value-added services that include among others, connected cars, UBI, personal advanced locater services, and concierge services. The Telematics Products segment focuses on short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. The company was founded by Yehuda Kahane and Izzy Sheratzky in February 1994 and is headquartered in Azour, Israel.

Recognition highlights Ituran's superior on-time delivery, engineering and problem-solving capabilities MEXICO CITY and AZOUR, Israel , Oct. 15, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN) announced that its subsidiary, Ituran Mexico, was awarded Nissan's Supplier of the Year 2024 Regional Aftersales Accessory Parts award.

ITURAN MEXICO RECEIVES NISSAN SUPPLIER OF THE YEAR REGIONAL AFTERSALES AWARD

Conference Call Scheduled at 10am ET AZOUR, Israel , Oct. 15, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2024 results on Thursday, November 21, 2024.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES THIRD QUARTER 2024 RESULTS RELEASE AND CONFERENCE CALL FOR THURSDAY, NOVEMBER 21, 2024

Presenting to investors on Wednesday, October 30, 2024 at 8:30am PT AZOUR, Israel , Oct. 9, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN), a global leader in vehicle telematics, today announced its management's participation at the 17th Annual LD Micro Main Event XVII Conference taking place at the Luxe Sunset Boulevard Hotel from Monday, October 28th until Wednesday, October 30th.

ITURAN ANNOUNCES UPCOMING PARTICIPATION AT THE LD MICRO MAIN EVENT CONFERENCE IN LOS ANGELES

Vulcan Value Partners, LLC (Trades, Portfolio), a prominent investment management firm, recently adjusted its holdings in Ituran Location and Control Ltd (ITRN, Financial). On September 30, 2024, the firm reduced its position in the company by 191,316 shares, resulting in a new total of 1,219,621 shares.

Vulcan Value Partners, LLC Adjusts Stake in Ituran Location and Control Ltd

Ituran had solid Q2 2024 results with $0.66 GAAP EPS and $84.9 million in revenue. Despite strong profits and a positive industry outlook, ITRN stock is undervalued, possibly due to currency swings and geopolitical risks. Ituran operates globally, offers telematics services, and is expanding strategically, making it a good pick for value investors.

Why Ituran's Q2 Shows Strong Value Potential

Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q2 2024 Earnings Conference Call August 18, 2024 9:00 AM ET Company Participants Kenny Green - EK Global, Investor Relations Eyal Sheratzky - Chief Executive Officer Eli Kamer - Chief Financial Officer Conference Call Participants Chris Reimer - Barclays Sergey Glinyanov - Freedom Capital Markets Eli Goldberg - Oppenheimer Boris Schneider - More Investment House Operator Ladies and gentlemen, thank you for standing by.

Ituran Location and Control Ltd. (ITRN) Q2 2024 Earnings Call Transcript

AZOUR, Israel , Aug. 19, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.39 per share, totaling approximately US $8 million.

ITURAN LOCATION AND CONTROL LTD ANNOUNCES DISTRIBUTION OF A $8 MILLION DIVIDEND

Continued strong profitability and reiterates guidance; Declares an $8 million dividend for the second quarter of 2024 AZOUR, Israel , Aug. 19, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the second quarter 2024.

ITURAN PRESENTS SECOND QUARTER 2024 RESULTS

This collaboration drives innovation in motorsports through real-time cloud-based telemetry data, enhancing performance, efficiency, and race strategy AZOUR, Israel , Aug. 14, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN), a global leader in vehicle telematics and location-based services, is proud to announce a partnership with Microsoft and Porsche, bringing cutting-edge real-time data telemetry technology to the world of motorsports for the Porsche Carrera Cup motor race.

Ituran, Microsoft and Porsche Carrera Cup Collaborate to Boost Motorsport Performance with Real-Time Telemetry Data

Conference Call Scheduled at 9am ET AZOUR, Israel , July 18, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its second quarter 2024 results on Monday, August 19, 2024.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES SECOND QUARTER 2024 RESULTS RELEASE AND CONFERENCE CALL FOR MONDAY, AUGUST 19, 2024

ITRN provides location-based services for connected cars. Q1 FY24 earnings show strong performance with record revenues and subscriber growth. Using Benjamin Graham's valuation method, ITRN is undervalued with a potential upside of 45%, despite technical chart concerns.

Ituran: Undervalued Company With Solid Growth Potential

Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q1 2024 Earnings Conference Call May 28, 2024 10:00 AM ET Company Participants Kenny Green - Investor Relations, EK Global Eyal Sheratzky - Chief Executive Officer Eli Kamer - Chief Financial Officer Conference Call Participants Chris Reimer - Barclays Boris Schneider - More Mutual Funds Operator Ladies and gentlemen, thank you for standing by.

Ituran Location and Control Ltd. (ITRN) Q1 2024 Earnings Call Transcript

Record revenue and continued strong profitability; reiterates guidance and declares an $8 million dividend for the first quarter of 2024 AZOUR, Israel , May 28, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the first quarter 2024.

ITURAN PRESENTS FIRST QUARTER 2024 RESULTS

Conference Call Scheduled at 10am ET AZOUR, Israel , May 6, 2024 /PRNewswire/ --  Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its first quarter 2024 results on Tuesday, May 28, 2024.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES FIRST QUARTER 2024 RESULTS RELEASE AND CONFERENCE CALL FOR TUESDAY, MAY 28, 2024

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MIAMI , April 15, 2024 /PRNewswire/ -- Ituran Location and Control (NASDAQ: ITRN ) added $8 million to its dividend pool after a strong Q4, pushing its forward-looking yield to 6%. That attractive yield comes after the company posted record across-the-board financial metrics, including a 9% revenue increase year-over-year to $320 million, net income of $48 million, an increase of 30% year-over-year, and a 10% increase in EBITDA to $87 million.

Ituran Increases Dividend To 6% And Earns $35 Price Target From Barclay Analyst

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Presenting to investors on Tuesday, April 9, 2024 at 3.30pm ET AZOUR, Israel , March 26, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN), a global leader in vehicle telematics, announced today that it will be participating at the 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024.

Ituran to Present at the LD Micro Invitational XIV

Ituran is a telematics company that develops SaaS offerings, with a focus on stolen vehicle recovery and automatic vehicle location.

Ituran Q4: Stronger Uptake In Brazil May Drive Meaningful Subscriber Growth

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Ituran Location and Control Ltd. (ITRN) Q4 2023 Earnings Call Transcript

Dividend Policy increased by 60% to $8 million per quarter; Company introduces full year 2024 EBITDA guidance of $90-95m and a target to surpass $100m in EBITDA in 2025 AZOUR, Israel , Feb. 29, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2023.

ITURAN PRESENTS FOURTH QUARTER & FULL YEAR 2023 RESULTS

Conference Call Scheduled for 9am ET AZOUR, Israel , Feb. 6, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its fourth quarter and full year 2023 results on Thursday, February 29, 2024.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES FOURTH QUARTER & FULL YEAR 2023 RESULTS RELEASE AND CONFERENCE CALL FOR FEBRUARY 29, 2024

Ituran has solid financial metrics and growing subscriber growth, making it a good long-term investment with an enticing risk/reward ratio. The company has a strong financial position with low debt and a stable current ratio, indicating no liquidity issues. Ituran has improved its efficiency and profitability in recent years, with a high return on invested capital and a competitive advantage over its competitors.

News for Ituran Location & Control Stock (ITRN)