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... Read More

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 . The event is expected to feature 80 companies presenting in half-hour increments, as well as... Read More

AZOUR, Israel , Feb. 29, 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 . The dividend will be paid to shareholders of record as of March 20, 2024 . The Company will pay the dividend out on April 3, 2024 net of taxes at the rate of 25%. In its... Read More

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. Highlights of Full Year 2023 Number of subscribers reached... Read More

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 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer... Read More

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. The dividend will be paid to shareholders of record as of December 20, 2023 . The Company will pay the dividend out on January 4, 2024 net of taxes at the rate of 25%. In its... Read More

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. Highlights of the Third Quarter of 2023 Strong net subscriber growth of 48,000: a net increase in aftermarket of 45,000... Read More

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 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor questions. To... Read More

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's management affirms that the Company has not seen any impact to... Read More

AZOUR, Israel , Aug. 15, 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 .15 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of September 27, 2023 . The Company will pay the dividend out on October 11, 2023 net of taxes at the rate of 25%. In its... Read More

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. Highlights of the Second Quarter of 2023 Net subscriber growth of 47,000: net increase in aftermarket of 45,000 and net increase in OEM of... Read More

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 . The Company will be hosting a conference call later that day at 10am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor questions.... Read More

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... Read More

AZOUR, Israel , May 24, 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 .15 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of June 28, 2023 . The Company will pay the dividend out on July 12, 2023 net of taxes at the rate of 25% . In its decision... Read More

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. Highlights of the first quarter of 2023 Net subscriber growth at 49,000: net increase in aftermarket of 44,000 and... Read More

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 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor questions. To... Read More

AZOUR, Israel , Feb. 28, 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 .14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of March 21, 2023 . The Company will pay the dividend out on April 4, 2023 net of taxes at the rate of 25%. In its decision... Read More

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. Highlights of full year 2022 Number of subscribers reached 2,066,000 at year-end adding a record... Read More

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 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor... Read More

AZOUR, Israel , Nov. 21, 2022 /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 .14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of December 21, 2022 . The Company will pay the dividend out on January 4, 2023 net of taxes at the rate of 25%. In its... Read More

Increases outlook for after-market subscriber growth: expect annual run rate of approximately 180,000-200,000 AZOUR, Israel , Nov. 21, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the third quarter of 2022. Highlights of the Third Quarter of 2022 Growth in total subscribers to approximately 2,020,000: net increase in aftermarket of 50,000 and net... Read More

Conference Call Scheduled at 9am ET Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2022 results on Monday, November 21, 2022 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor questions. To participate, please call one of the following... Read More

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 .14 per share, totaling approximately US$3 million. The dividend will be paid to shareholders of record as of September 29, 2022 . The Company will pay the dividend out on October 13, 2022 net of taxes at the rate of 25%. In its decision to approve the distribution of the cash... Read More

Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the second quarter of 2022. Highlights of the Second Quarter of 2022 Growth in total subscribers to approximately 1,972,000: net increase in aftermarket of 50,000 and net decrease in OEM of 2,000; Revenues of $73.4 million , an increase of 9% year-over-year; Net income of $8.7 million compared with $9.1 million in the... Read More

Conference Call Scheduled at 9am ET Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its second quarter 2022 results on Monday, August 29, 2022 . The Company will be hosting a conference call later that day at 9am Eastern Time . On the call, management will review and discuss the results, and will be available to answer investor questions. To participate, please call one of the following... Read More