Ituran Location and Control Ltd. Presents Results for the First Quarter of 2019
Ituran Location and Control Ltd. - Ordinary Shares (ITRN)
Last ituran location and control ltd. - ordinary shares earnings: 3/4 06:30 am
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US:NASDAQ Investor Relations:
ituran.com/ituranfront/en/about-ituran/investor-relations
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Source: PR Newswire
AZOUR, Israel, May 21, 2019 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) (TASE: ITRN), today announced its consolidated financial results for the first quarter ended March 31, 2019.Highlights of the first quarter of 2019Revenue of $73.6 million, up 17% year-over-year; Adjusted EBITDA of $20.9 million (27.9% of revenues), up 9% year-over-year Generated $14.9 million in quarterly operating cash flow; Dividend of $5 million declared for the quarter; Board of Directors approves share buy-back of up to $25 million;Management Comment Eyal Sheratzky, Co-CEO of Ituran said, "As we move through 2019, Ituran is a company on a new scale with significantly greater potential. The process of consolidating and combining Road Track with Ituran continues and we are working on building the top-line synergies in many of our regions. We look forward to reaping the rewards from our already highly successful and growing business over the coming quarters and years."Mr. Sheratzky added, "T
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News
- Shareholders in Ituran Location and Control (NASDAQ:ITRN) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- Ituran Increases Dividend To 6% And Earns $35 Price Target From Barclay Analyst [Yahoo! Finance]Yahoo! Finance
- Ituran Increases Dividend To 6% And Earns $35 Price Target From Barclay AnalystPR Newswire
- Ituran to Present at the LD Micro Invitational XIV [Yahoo! Finance]Yahoo! Finance
- Ituran to Present at the LD Micro Invitational XIVPR Newswire
ITRN
Sec Filings
- 4/18/24 - Form 20-F
- 3/20/24 - Form SC
- 2/29/24 - Form 6-K
- ITRN's page on the SEC website