Ituran Location & Control (ITRN) Tops Q3 EPS by 14c, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Ituran Location and Control Ltd. Presents Results for the Third Quarter 2018
November 26, 2018 6:30 AM ESTAZOUR, Israel, Nov. 26, 2018 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN, TASE: ITRN), today announced its consolidated financial results for the third quarter ended September 30, 2018.
Highlights of the third quarter of 2018
Closed acquisition of the majority stake in Road Track Holdings in mid-September with minimal impact on the financial results of the quarter; Revenue of $53.4 million and operating profit of $13.7 million (margin of 25.7%) Net profit of $26.1 million (including one-time income of $13.8 million); EBITDA of $17.0 million (31.8% of revenue); in local currency... More