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Stock impact report

ITURAN PRESENTS FOURTH QUARTER & FULL YEAR 2024 RESULTS [Yahoo! Finance]

Ituran Location and Control Ltd. - Ordinary Shares (ITRN) 
Last ituran location and control ltd. - ordinary shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
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. Ituran Logo 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 million , an increase of 5% year-over-year. Generated $74.3 million in operating cash flow. Year-end net cash position and marketable securities of $77.4 million Returns to shareholders: declared a total of $34.0 million in dividends for the year 2024. Highlights of the Fourth Quarter of 2024 Added a net 40,000 subscribers in the quarter. Revenue of $82.9 million , an increase of 7% year-over-y Show less Read more
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