Ituran Location & Control (ITRN) Tops Q3 EPS by 14c, Revenues Beat

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Ituran Location and Control Ltd. Presents Results for the Third Quarter of 2020

November 18, 2020 6:30 AM EST

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 2020

Improved 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... More