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6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
SD - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
Barclays reiterated coverage of Ituran Location and Control with a rating of and set a new price target of $26.00 from $23.00 previously
BMW Motorrad brings Ituran's advanced telematics technology to motorcyclists in Brazil, significantly enhancing Ituran's total addressable market AZOUR, Israel, June 12, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), a global leader in vehicle telematics, through its Brazilian subsidiary, and BMW Motorrad Brasil, a leader in premium motorcycle sales in Brazil, have launched a strategic partnership to offer telematics services to BMW's customers, offering rider safety, security, and connectivity. The initiative introduces a new experience for BMW Motorrad customers in Brazil, powered by Ituran's advanced technology.
AZOUR, Israel, May 28, 2025 /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 $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of June 18, 2025. The Company will pay the dividend out on July 2, 2025, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's ability t
Surpasses 2.5 million subscriber milestone with 99,000 net adds in the quarter; raises 2025 net subscriber-add forecast to 220,000–240,000; AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) today announced its consolidated financial results for the first quarter 2025. Highlights of the First Quarter of 2025 Added a record 99,000 net subscribers in the quarter.Revenue of $86.5 million, a 2% increase year-over-year.Operating income of $18.7 million, a 10% increase year-over-year.Net income increased to $14.6 million, a 12% increase year-over-year.EBITDA grew to $23.3 million, a 4% increase year-over-year.The Board declared a quarterly dividend of $10 m
AZOUR, Israel, May 28, 2025 /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 $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of June 18, 2025. The Company will pay the dividend out on July 2, 2025, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's ability t
Surpasses 2.5 million subscriber milestone with 99,000 net adds in the quarter; raises 2025 net subscriber-add forecast to 220,000–240,000; AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) today announced its consolidated financial results for the first quarter 2025. Highlights of the First Quarter of 2025 Added a record 99,000 net subscribers in the quarter.Revenue of $86.5 million, a 2% increase year-over-year.Operating income of $18.7 million, a 10% increase year-over-year.Net income increased to $14.6 million, a 12% increase year-over-year.EBITDA grew to $23.3 million, a 4% increase year-over-year.The Board declared a quarterly dividend of $10 m
Conference Call Scheduled at 9am Eastern Time AZOUR, Israel, April 29, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), announced that it will be releasing its first quarter 2025 results on Wednesday, May 28, 2025. The Company will be hosting a video conference call later that day via Zoom, starting at 9am Eastern Time, 6am Pacific Time and 4pm Israel time. On the call, management will review and present the results and will be available to answer investor questions. To participate in the Zoom call, please register at the following link:https://us06web.zoom.us/webinar/register/WN_c2_wCWJ5TfG4UKKXT4Y9vw Following registration, you will be sent the link to the conference c