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.

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Earnings data Q2 2024

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Earnings data Q4 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.

Ituran Location & Control (ITRN) reports robust Q3 performance and eyes strategic growth

Ituran Location & Control (ITRN) delivered a solid performance in Q3 2024, marked by revenue growth, subscriber additions, and strategic partnerships.
While facing challenges such as currency fluctuations impacting service revenue, the company's strengths in partnerships and market positioning offer growth potential.
To capitalize on opportunities in South America and navigate challenges effectively, Ituran must focus on operational efficiency and strategic collaborations.

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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.

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.

Ituran: Strong Fundamentals And Growth Momentum Make The Company A Buy

Ituran Location and Control is experiencing record-breaking growth levels and is well-positioned to sustain its performance due to healthy demand dynamics and continued expansions. The company offers telematic services, including stolen vehicle recovery and tracking, and operates in multiple countries, with Israel, Brazil, and others being its main revenue contributors. Despite potential short-term resistance due to the ongoing war in Israel, ITRN has a long-term growth prospect, supported by its robust industry growth, increased consumer offerings, and attractive dividend yield.

Ituran Location and Control: Rising Demand Can Drive The Growth

Ituran is a high-quality company that holds a monopoly in Israel. Its founders are still with the company and have huge skin in the game. The company boasts a robust customer base and secures recurring revenue through its subscription-based telematics products. Ituran is the leading name in car theft prevention in Israel and has plans to expand into the Indian market.

Ituran: At 10% FCF Yield, It Is A High-Quality Bargain

Ituran Location and Control Ltd. (ITRN) Q3 2023 Earnings Call Transcript

AZOUR, Israel , Nov. 27, 2023 /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 $0.24 per share, totaling approximately US$5 million.

ITURAN LOCATION AND CONTROL LTD ANNOUNCES DISTRIBUTION OF A $3 MILLION DIVIDEND

Growth in subscriber revenue from continued subscriber growth leading to record EBITDA Net subscriber growth in Q3 2023 of 48,000 AZOUR, Israel , Nov. 27, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the third quarter of 2023.

ITURAN PRESENTS THIRD QUARTER 2023 RESULTS

Conference Call Scheduled for 9am ET AZOUR, Israel , Oct. 23, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2023 results on Monday, November 27, 2023.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES THIRD QUARTER 2023 RESULTS RELEASE AND CONFERENCE CALL FOR NOVEMBER 27, 2023

AZOUR, Israel , Oct. 16, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN) today addressed the status of the Company's ongoing activity in Israel, against the background of the terrorist attack by Hamas on October 7 against unarmed civilians in the south of the country and the subsequent declaration of war by the Israeli government.

ITURAN AFFIRMS NO DISRUPTION TO ITS CONTINUED BUSINESS OPERATION IN ISRAEL AND ELSEWHERE

Ituran Location and Control is an Israeli company offering stolen vehicle tracking and fleet management services. The stock is reasonably valued, has high profitability metrics, and is expected to experience strong growth. Ituran has the potential to outperform the market in the coming year.

Ituran Location And Control: Low Valuation And Strong Expected Growth

Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q2 2023 Earnings Conference Call August 15, 2023 10:00 AM ET Company Participants Kenny Green - Investor Relations Eyal Sheratzky - Chief Executive Officer Udi Mizrahi - Deputy Chief Executive Officer and Vice President, Finance Eli Kamer - Chief Financial Officer Conference Call Participants Chris Reimer - Barclays Abba Horwitz - Old School Partners Fred Foulkes - Boston University Operator Ladies and gentlemen, thank you for standing by.

Ituran Location and Control Ltd. (ITRN) Q2 2023 Earnings Call Transcript

Record revenue contributed from recent strong subscriber growth Net subscriber growth in Q2 2023 of 47,000 AZOUR, Israel , Aug. 15, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the second quarter of 2023.

ITURAN PRESENTS ITS SECOND QUARTER 2023 RESULTS

Conference Call Scheduled for 10am ET AZOUR, Israel , July 17, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its second quarter 2023 results on Tuesday, August 15, 2023.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES SECOND QUARTER 2023 RESULTS RELEASE AND CONFERENCE CALL FOR TUESDAY, AUGUST 15, 2023

The installation of a customer-consented vehicle-tracker and credit insurance to lead to increased approval rates Attractive rates and telematic services round out an attractive package for new customers AZOUR, Israel , June 5, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN) announced that its Brazilian subsidiary, Ituran Brazil, and Santander, have formed a partnership in the automotive market, which aims to facilitate credit approval for customers who look to finance a new or used car.

ITURAN ANNOUNCES PARTNERSHIP WITH SANTANDER WHICH AIMS TO BRING BROAD ACCESS TO CAR FINANCING

Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q1 2023 Results Conference Call May 24, 2023 9:00 AM ET Company Participants Kenny Green - EK Global IR Eyal Sheratzky - CEO Eli Kamer - CFO Conference Call Participants Chris Reimer - Barclays Sasha Karim - IPI Operator Ladies and gentlemen, thank you for standing by.

Ituran Location and Control Ltd. (ITRN) Q1 2023 Earnings Call Transcript

Net subscriber growth in Q1 2023 of 49,000 Expects current strong subscriber net adds to contribute to accelerated revenue growth in 2023 AZOUR, Israel , May 24, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the first quarter of 2023.

ITURAN PRESENTS ITS FIRST QUARTER 2023 RESULTS

Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected car. The global smart mobility market size is expected to grow at a CAGR of close to 23.6% from 2022 to 2032. I believe that Ituran Location may experience sales growth.

Ituran Location and Control: Legal Monopoly, Beneficial 2023 Guidance, And Undervalued

Conference Call Scheduled at 9am ET AZOUR, Israel , May 1, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its first quarter 2023 results on Wednesday, May 24, 2023.

ITURAN LOCATION AND CONTROL LTD. SCHEDULES FIRST QUARTER 2023 RESULTS RELEASE AND CONFERENCE CALL FOR WEDNESDAY, MAY 24, 2023

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Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Ehud Helft - EK Global Investor Relations Eyal Sheratzky - Co-CEO Eli Kamer - CFO Udi Mizrahi - Deputy CEO and VP, Finance Conference Call Participants Chris Reimer - Barclays Gavin Kennedy - Jefferies Abba Horovitz - Old School Partners Operator Ladies and gentlemen, thank you for standing by.

Ituran Location and Control Ltd. (ITRN) Q4 2022 Earnings Call Transcript

Ituran (ITRN) delivered earnings and revenue surprises of -9.62% and 0.43%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ituran (ITRN) Lags Q4 Earnings Estimates

Subscriber-adds in Q4 of 46,000 and 185,000 for FY 2022 Expects recent strong subscriber growth to contribute to accelerated growth in 2023 AZOUR, Israel , Feb. 28, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2022.

ITURAN PRESENTS RECORD SUBSCRIBER GROWTH, RECORD REVENUE & RECORD EBITDA IN ITS FULL YEAR 2022 RESULTS

Conference Call Scheduled at 9am ET AZOUR, Israel , Feb. 1, 2023 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its fourth quarter and full year 2022 results on Tuesday, February 28, 2023.

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