Ituran Location and Control Ltd. Presents Results for the Third Quarter 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, Nov. 18, 2020 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the third quarter of 2020.Highlights of the third quarter of 2020Improved results versus the prior quarter, as the Company continues to successfully overcome some of the impacts of the Covid-19 pandemic; Revenues of $60.3 million, an increase of 13% sequentially and a decline of 13% year over year; in local currencies revenues from subscription fees were at a similar level to that of the last year's quarter; EBITDA was $15.0 million; when excluding foreign exchange impacts, it would have been at a similar level to last year; Net income was $9.3 million, an increase of 45% year over year; Generated $13.6 million in quarterly operating cash flow; Ituran returns to a net cash position for the first time since its acquisition of RoadTrack in 2018; Total subscribers reached 1,752,000 at the end of the quarter; net increase of 13,000 in after-
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News
- 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
- Is It Worth Considering Ituran Location and Control Ltd. (NASDAQ:ITRN) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
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