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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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 27, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), a global leader in vehicle telematics, today announced a new service agreement with Stellantis in South America. The contract covers multiple countries in the region and is set for a multi-year period, with the potential for expansion to additional markets and extended service periods. Eyal Sheratzky, co-CEO of Ituran, commented, "We are excited to enter this strategic partnership with Stellantis, bringing our advanced stolen vehicle recovery and tracking solutions to their customers across South America. Stellantis is the largest car manufacturer in Latin America, which includes Fiat, Jeep, Peugeot
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
Presenting to investors on Thursday, April 10, 2025 at 9am ET AZOUR, Israel, April 1, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), a global leader in vehicle telematics, announced today that it will be participating at the 15th Annual LD Micro Invitational investor conference taking place in New York on April 9th and 10th, 2025. The event is expected to feature leading small-cap companies presenting in half-hour increments, as well as private one-on-one meetings. Mr. Ariad Sommer, CEO of Ituran USA, will be presenting to investors on Thursday, April 10 between 9:00-9:25am in Track 1. Interested parties are invited to register to watch the presentation virtually throu
Dividend declared in accordance with the Company's updated dividend policy which increases the quarterly dividend amount by 25% to at least $10 million per quarter AZOUR, Israel, Feb. 26, 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 March 20, 2025. The Company will pay the dividend out on April 3, 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 meet
Increases net subscriber-add expectations for 2025 significantly to 180-200,000, expecting to reach 2.6 million subscribers by year-end; Increases dividend policy by 25% to $10 million per quarter; AZOUR, Israel, Feb. 26, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN) today announced its consolidated financial results for the fourth quarter 2024. Highlights of Full Year 2024 2,409,000 subscribers at year-end, adding 157,000, net, during the year at the high end of the guidance range.Record financial metrics across the board with revenue at $336.3 million, an increase of 5% year-over-year.Net income of $53.7 million, an increase of 11% year-over-year.EBITDA of $91.3 mi
Conference Call Scheduled at 10am Eastern Time AZOUR, Israel, Feb. 6, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), announced that it will be releasing its fourth quarter and full year 2024 results on Wednesday, February 26, 2025. The Company will be hosting a video conference call later that day via Zoom, starting at 10am Eastern Time, 7am Pacific Time and 5pm 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_1tfL4B6_QHa5_xl7EKVDCA Following registration, you will be sent the link
Will attend and meet investors at the Needham growth conference on Tuesday, January 14 and the Freedom Israel Opportunities Event on Thursday, January 16 AZOUR, Israel, Jan. 9, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ:ITRN), a global leader in vehicle telematics, today announced management's participation at the 27th Annual Needham Growth Conference on Tuesday, January 14 and the Freedom Capital Markets Israel Opportunities Event on Thursday, January 16, both of which are taking place in New York City. Mr. Udi Mizrahi, Deputy CEO will be presenting to investors at the Needham Growth Conference on Tuesday, January 14, 2025 at 11:45am Eastern Time. Management will al
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