Ituran

ITURAN PRESENTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Monday, November 27, 2023
EBITDA, SECURE Act, Policy, Eastern Time Zone, COVID-19, OEM, Share repurchase, Control, Growth, Internet service provider, Holding company, Mobile phone, Video game, Payment card, Ituran, Corona

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.

Key Points: 
  • 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.
  • Eyal Sheratzky, Co-CEO of Ituran said, "We are pleased with our third quarter results.
  • Revenue for the third quarter of 2023 was $81.1 million, a 12% increase compared with revenues of $72.7 million in the third quarter of 2022.
  • In local currency terms, third quarter revenues grew by 13% compared with that of the third quarter of last year.

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

Retrieved on: 
Monday, October 23, 2023
Control, Eastern Time Zone, Cryptocurrency, Ituran

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.

Key Points: 
  • 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.
  • Please begin placing your calls a few minutes before the conference call commences.

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

Retrieved on: 
Monday, October 16, 2023
Control, Hamas, Environment, Safety, Government, Friends, Ituran

Ituran's management affirms that the Company has not seen any impact to its ongoing operations in Israel or elsewhere, and continues to make any adjustments to ensure continuity, as maybe needed.

Key Points: 
  • Ituran's management affirms that the Company has not seen any impact to its ongoing operations in Israel or elsewhere, and continues to make any adjustments to ensure continuity, as maybe needed.
  • Furthermore, its headquarters are in the center of the country, just outside of Tel Aviv and not near any borders.
  • Eyal Sheratzky, CEO of Ituran, "The Ituran family is absolutely horrified by the barbaric attacks against ordinary citizens - which directly led to the declaration of war by Israel.
  • Finally, I would like to thank all those that have reached out to express their support and best wishes. "

ITURAN PRESENTS ITS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, August 15, 2023
Partnership, Optimism, SECURE Act, COVID-19, Santander Bank, History, EBITDA, Control, Growth, OEM, Internet service provider, Holding company, Drug, Video game, Payment card, Ituran

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.

Key Points: 
  • 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.
  • Revenues for the second quarter of 2023 were a record $81.6 million, an increase of 11% compared with revenues of $73.4 million in the second quarter of 2022.
  • In local currency terms, second quarter revenue grew by 15% compared with that of the second quarter of last year.
  • In local currency terms, second quarter subscription fee revenue grew by 17% compared with that of the second quarter of last year.

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

Retrieved on: 
Monday, July 17, 2023
Control, Ituran

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.

Key Points: 
  • 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.
  • Please begin placing your calls a few minutes before the conference call commences.

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

Retrieved on: 
Monday, June 5, 2023
Control, Growth, Partnership, Bank, Insurance, Ituran

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.

Key Points: 
  • In addition, the scheme incorporates credit insurance, to protect the financing which guarantees total or partial payment of the loan in case of inability to pay.
  • According to Cezar Janikian, Director of Santander Finance, the partnership will enable more people to have access to credit for financing vehicles, facilitating the purchase of new, semi-new or used vehicles.
  • The partnership offers credit insurance as an additional benefit to the car owner at the time of vehicle purchase, managed by Zurich Santander.
  • Ituran provides the vehicle tracker and all the remote monitoring services, providing an additional layer of security, particularly for those who cannot take out car insurance.

ITURAN PRESENTS ITS FIRST QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, May 24, 2023
SECURE Act, Eastern Time Zone, COVID-19, EBITDA, Control, Growth, OEM, Internet service provider, Music, Holding company, Mobile phone, Video game, Ituran

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.

Key Points: 
  • 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.
  • Revenues for the first quarter of 2023 were $79.5 million, an increase of 10.3% compared with revenues of $72.1 million in the first quarter of 2022.
  • The gross margin in the quarter on subscription revenues was 58.1%, compared with 55.9% in the first quarter of last year.
  • The gross margin on products was 18.2% in the quarter, compared with 23.7% in the first quarter of last year.

Telecom Argentina S.A. announces consolidated results for the first quarter of fiscal year 2023 ("1Q23") **

Retrieved on: 
Tuesday, May 9, 2023
Tax, Consolidated Revenue Fund of Canada, Advertising, Insurance, Partnership, Internet, Ituran, Atlantic Coast, ARPU, Speedtest.net, Depreciation, Cable television, Growth, Flow, D, Mobile phone, Cryptocurrency, Fertilizer, Real estate

As of March 31, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.8 million.

Key Points: 
  • As of March 31, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.8 million.
  • As of March 31, 2023, total mobile subscribers amounted to approximately 20.5 million (+321 thousand vs. 1Q22).
  • In 1Q23, mobile service revenues in Argentina amounted to P$81,109 million (-$3,734 million or -4.4% vs 1Q22).
  • Additionally, Personal was awarded by Ookla, the global leader in data testing and network usage analysis, as the Fastest Mobile Network in Argentina.

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

Retrieved on: 
Monday, May 1, 2023
Control, Eastern Time Zone, Cryptocurrency, Ituran

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.

Key Points: 
  • 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.
  • Please begin placing your calls a few minutes before the conference call commences.

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

Retrieved on: 
Tuesday, February 28, 2023
EBITDA, Control, SECURE Act, Eastern Time Zone, Fifth Street Asset Management, Growth, OEM, COVID-19, Cryptocurrency, Mobile phone, Video game, Commercial property, Holding company, Internet service provider, Music, Food delivery, Ituran

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.

Key Points: 
  • Eyal Sheratzky, Co-CEO of Ituran said, "2022 was a good year for Ituran and sets us exceptionally well for 2023 and beyond.
  • Continued Mr. Sheratzky, "We are very happy with the 2022 financial results, showing continued growth, and record revenue and record EBITDA.
  • Revenues for the fourth quarter of 2022 were $74.9 million, an increase of 7% compared with revenues of $70.4 million in the fourth quarter of 2021.
  • EBITDA for 2022 was a record $78.9 million (26.9% of revenues), an increase of 9% compared to $72.7 million (26.8% of revenues) in 2021.