Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and personal locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, service platform includes a back-office application, a telematics device installed in the vehicle, mobile apps for both IOS and Android users, as well as usage based insurance. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Wireless Communications Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. As of December 31, 2020, it served approximately 17,680,000 end-users in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, and the United States. The company was incorporated in 1994 and is headquartered in Azor, Israel.
IPO Year: 2005
Exchange: NASDAQ
Website: ituran.com
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AZOUR, Israel, Nov. 21, 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 December 23, 2024. The Company will pay the dividend out on January 8, 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 abil
Continued strong profitability and reiterates guidance;Declares an $8 million dividend for the third quarter of 2024 AZOUR, Israel, Nov. 21, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) today announced its consolidated financial results for the third quarter 2024. Highlights of the third quarter of 2024 Number of subscribers reached 2,369,000, adding a net 40,000 in the third quarter.Revenue of $83.5 million, an increase of 3% year-over-year.Net income increased to $13.7 million, up by 9% year-over-year.EBITDA grew to $23.3 million, a 4% increase year-over-year.Operating cash flow of $17.2 million.The Board declared a dividend of $8 million or $0.39 per share, in line
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. 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. To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number. US Dial-in N
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. The dividend will be paid to shareholders of record as of September 26, 2024. The Company will pay the dividend out on October 9, 2024 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 abovementioned distribution will not undermine the Company's abili
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. Highlights of the Second Quarter of 2024 Number of subscribers reached 2,329,000, adding a net 38,000 in the second quarter.Revenue of $84.9 million, an increase of 4% year-over-year.Net income increased to $13.1 million, up by 7% year-over-year.EBITDA grew to $23.1 million, a 6% increase year-over-year.Operating cash flow of $22.9 million.The Board declared a dividend of $8 million or $0.39 per share, in
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. 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 teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number. US Dial-in Number
AZOUR, Israel, May 28, 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 June 18, 2024. The Company will pay the dividend out on July 2, 2024 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 abovementioned distribution will not undermine the Company's ability to kee
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. Highlights of the first quarter of 2024 Number of subscribers reached 2,291,000, adding a net 39,000 in the first quarter; Record revenue of $85.0 million, an increase of 7% year-over-year;Net income increased to $13.0 million, up by 15% year-over-year;EBITDA grew to $22.3 million, a 7% increase year-over-year;Operating cash flow of $11.4 million;The Board declared a dividend of $8 million
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. 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. To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number. US Dial-in Number:
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. As of last Friday's close, ITRN's market cap is about $521 million. That performance helped generate a bullish price target from an analy
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
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
6-K - Ituran Location & Control Ltd. (0001337117) (Filer)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
SC 13G/A - Ituran Location & Control Ltd. (0001337117) (Subject)
AZOUR, Israel, Nov. 21, 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 December 23, 2024. The Company will pay the dividend out on January 8, 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 abil
Continued strong profitability and reiterates guidance;Declares an $8 million dividend for the third quarter of 2024 AZOUR, Israel, Nov. 21, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) today announced its consolidated financial results for the third quarter 2024. Highlights of the third quarter of 2024 Number of subscribers reached 2,369,000, adding a net 40,000 in the third quarter.Revenue of $83.5 million, an increase of 3% year-over-year.Net income increased to $13.7 million, up by 9% year-over-year.EBITDA grew to $23.3 million, a 4% increase year-over-year.Operating cash flow of $17.2 million.The Board declared a dividend of $8 million or $0.39 per share, in line
AZOUR, Israel, Nov. 13, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), a global leader in vehicle telematics, today announced that following its long-term partnership with Nissan in Mexico, Ituran's subsidiary in Chile has signed a 5-year contract with Nissan Chile. Under this agreement, Ituran will provide the Vehicle Location Unit (VLU) and a suite of telematics and stolen vehicle recovery (SVR) services to Nissan and its customers throughout Chile. Following their car purchase, Nissan's customers will enjoy a one year free trial of Ituran's service which will be paid for by Nissan. This agreement will initially cover three vehicle models, with an expected addition o
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. This recognition highlights Ituran's commitment to excellence in delivering high-quality service to Nissan and its customers. The award recognizes Ituran's exceptional business performance across several key areas, including a consistent focus on timely deliveries, superior engineering capabilities and rapid problem-solving. These core competencie
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. 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. To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number. US Dial-in N
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. The three-day event will feature around 150 companies, presenting in half-hour increments, and private one-on-one meetings with investors and analysts. Ituran's management will be presenting to investors on Wednesday, October 30 at 8:30am Pacific Time in Track 1 and will be viewable from the
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. The dividend will be paid to shareholders of record as of September 26, 2024. The Company will pay the dividend out on October 9, 2024 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 abovementioned distribution will not undermine the Company's abili
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. Highlights of the Second Quarter of 2024 Number of subscribers reached 2,329,000, adding a net 38,000 in the second quarter.Revenue of $84.9 million, an increase of 4% year-over-year.Net income increased to $13.1 million, up by 7% year-over-year.EBITDA grew to $23.1 million, a 6% increase year-over-year.Operating cash flow of $22.9 million.The Board declared a dividend of $8 million or $0.39 per share, in
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. This collaboration leverages advanced real-time data collection, transmission, and cloud-based analysis, empowering Porsche racing teams to optimize performance during races. The technology underwent
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. 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 teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number. US Dial-in Number
Overall, looking ahead to 2024, management reiterates its expectations for continued revenue growth and profitability throughout the year. Management continues to expect to add approximately 35,000 to 40,000, net new subscribers per each quarter during 2024. From a financial perspective, full-year 2024 EBITDA expectations continue to be between $90-95 million and 2025 EBITDA is targeted to surpass $100 million. It is noted that these targets are based on current exchange rates and assumes that the current global macro-economic situation and political situation in Israel does not significantly worsen.
Ituran Location & Control (NASDAQ:ITRN) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.59 by 11.86 percent. This is a 17.86 percent increase over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $85.03 million which missed the analyst consensus estimate of $85.70 million by 0.79 percent. This is a 6.99 percent increase over sales of $79.47 million the same period last year.
Monday marks the last chance for investors to receive the next dividend payout from Ituran Location & Control (NASDAQ:ITRN). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 39 cents per share. On Tuesday, Ituran Location & Control will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own ITRN as of the end of Monday's session are eligible to receive
Shares of Mesoblast Limited (NASDAQ:MESO) rose sharply during Monday’s session after the company announced FDA support of an accelerated approval pathway for rexlemestrocel-L in end-stage heart failure patients. Mesoblast shares jumped 13.4% to $2.4399 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Kidpik Corp. (NASDAQ:PIK) gained 238% to $9.15. Kidpik recently announced a 1-for 5 reverse stock split. TC Biopharm (Holdings) Plc (NASDAQ:TCBP) shares surged 149% to $2.6450. TRxADE HEALTH, Inc. (NASDAQ:MEDS) gained 114.6% to $17.26. TRxADE Health recently announced a special cash dividend of $8 per share. Fangdd Network Group Ltd. (NASDAQ:DUO) shares
Ituran Location & Control (NASDAQ:ITRN) reported quarterly earnings of $0.60 per share which met the analyst consensus estimate. The company reported quarterly sales of $77.81 million which missed the analyst consensus estimate of $82.80 million by 6.03 percent. This is a 3.82 percent increase over sales of $74.95 million the same period last year.
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Shares of Anavex Life Sciences Corp. (NASDAQ:AVXL) moved lower during Monday’s session after the company reported fourth-quarter financial results. The company posted a quarterly net loss of $10.1 million, inclusive of $3.2 million in non-cash items, or 12 cents per share for the fourth quarter, versus a year-ago net loss of $14.3 million, inclusive of $6.0 million in non-cash items, or 18 cents per share for the year-ago period. Anavex Life Sciences shares fell 10% to $6.35 on Monday. Here are some other stocks moving in today's mid-day session. Gainers RedHill Biopharma Ltd. (NASDAQ:RDHL) shares climbed 125% to $0.7063 after the company announced the FDA has granted five years' mark
U.S. stocks traded mostly lower, with the Dow Jones falling around 50 points on Monday. Shares of Ituran Location and Control Ltd. (NASDAQ:ITRN) gained during Monday’s session after the company reported third-quarter financial results. The company posted quarterly earnings of 63 cents per share, up from 49 cents per share in the year-ago period. The company’s quarterly sales rose 12% to $81.05 million. Ituran Location and Control shares gained 11.3% to $27.69 on Monday. Here are some other big stocks recording gains in today’s session. Affirm Holdings, Inc. (NASDAQ:AFRM) surged 13.7% to $29.82 following reports of record 'buy now, pay later' predictions on Cyber Monday. IRSA Inversio