Ituran Location & Control (ITRN) Misses Q4 EPS by 4c

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Go back to Ituran Location & Control (ITRN) Misses Q4 EPS by 4c

Ituran Location and Control Ltd. Presents Results for the Fourth Quarter and Full Year of 2019

March 4, 2020 6:30 AM EST

AZOUR, Israel, March 4, 2020 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter and full year ended December 31, 2019.

Highlights of full year 2019

Number of subscribers increased to 1,781,000 at year-end; Revenue of $279.3 million; Adjusted EBITDA of $76.7 million; Generated $59.7 million in full year operating cash flow; Total dividends of $20 million declared to shareholders for 2019;

Highlights of the fourth quarter of 2019

Revenue of $65.5 million; Adjusted EBITDA of $16.5 million;... More