Ituran Location and Control Ltd. (ITRN) Tops Q1 EPS by 2c; Subs Increased 40K

May 17, 2011 7:17 AM EDT
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Ituran Location and Control Ltd. (NASDAQ: ITRN) reported Q1 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $40.4 million versus the consensus estimate of $41.47 million.

Net subs increased 40K to 615K.

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