Ituran Location And Control Ltd. Presents Results For The Fourth Quarter & Full Year Of 2020
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
Company Research
Source: PR Newswire
AZOUR, Israel, March 3, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year of 2020.Highlights of full year 2020Number of subscribers reached 1,768,000 at year-end; Revenue of $245.6 million; Adjusted EBITDA of $60.8 million; Generated $60.1 million in full year operating cash flow; Year-end net cash and marketable securities of $24.3 million;Highlights of the fourth quarter of 2020Improved results versus the prior quarter, as the Company continues to successfully overcome some of the impacts of the Covid-19 pandemic; Net increase in aftermarket subscribers of 21,000 and net decrease in OEM subscribers of 5,000; Revenue of $63.6 million, up 5.4% sequentially; Adjusted EBITDA of $16.6 million, up 10% sequentially; Generated $16.5 million in quarterly operating cash flow; Declared dividend of $10 million;Management Comment Eyal Sheratzky, Co-CEO of Ituran said, "We are very happy wi
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- Ituran to Present at the LD Micro Invitational XIV [Yahoo! Finance]Yahoo! Finance
- Ituran to Present at the LD Micro Invitational XIVPR Newswire
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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