Ituran Location and Control Ltd. provides location-based mobility technology and vehicle telematics services under the ITRN ticker. The company reports recurring developments in stolen vehicle recovery, fleet management, connected-car services, mobile asset location, and telematics products used for automatic vehicle location and identification.
Ituran news commonly covers subscriber growth, subscription and product revenue trends, quarterly and annual results, dividend and share-repurchase actions, and OEM connectivity agreements in Israel, Latin America, and other markets. Company updates also include IturanMob smart-mobility applications, embedded hardware and backend services for connected vehicles, and the DRIVE startup incubator focused on smart mobility technology.
Ituran Location and Control (NASDAQ: ITRN) has announced strategic partnerships with Yamaha and BMW Motorrad in Brazil, marking its entry into the global motorcycle market. The company, which currently serves over 2.5 million subscribers globally, will integrate its connected vehicle services into motorcycles, offering tracking, security, and real-time visibility features.
The expansion targets Brazil initially, leveraging Ituran's market leadership in connected vehicle services. The global motorcycle market is projected to grow from $127 billion in 2025 to over $200 billion by 2032. Ituran's motorcycle solutions will include its proven vehicle recovery system, which maintains an 85% recovery rate for stolen vehicles.
Ituran Location and Control (NASDAQ: ITRN) has declared a quarterly dividend of $0.50 per share, totaling approximately $10 million. The dividend will be paid on October 10, 2025, to shareholders of record as of September 25, 2025, with a 25% tax rate.
The company's financial position remains strong with $88.7 million in cash balance as of June 30, 2025, $132.9 million in current assets (excluding cash), and $98.3 million in current liabilities. Retained earnings will decrease from $234.3 million to $224.3 million after the distribution. The Board confirmed that this distribution will not affect the company's business operations or future plans.
Ituran Location and Control (NASDAQ: ITRN) reported strong Q2 2025 results with record revenue of $86.8 million, up 2% year-over-year. The company added 40,000 net new subscribers during the quarter, reaching a total subscriber base of 2,548,000.
Key financial metrics include net income of $13.5 million (up 2% YoY), EBITDA of $22.9 million (down 1% YoY), and operating income of $18.3 million (up 3% YoY). The Board declared a quarterly dividend of $0.50 per share. Subscription fees, representing 73% of total revenue, grew 6% to $63.8 million, while product revenue decreased 6% to $23.0 million due to temporary sales disruption during a 12-day war between Israel and Iran.
Ituran Location and Control (NASDAQ: ITRN) has scheduled its second quarter 2025 financial results release and conference call for Tuesday, August 19, 2025. The company will host a video conference call via Zoom at 9:00 AM Eastern Time (6:00 AM Pacific Time, 4:00 PM Israel time).
Management will present the quarterly results and conduct a Q&A session with investors. Participants must pre-register through the provided Zoom link to join the call. A replay will be available through the same link and on Ituran's website shortly after the call concludes.
Ituran Location and Control Ltd. (NASDAQ: ITRN) has secured a significant multi-year service agreement with Stellantis in South America. The partnership will provide stolen vehicle recovery and tracking solutions to Stellantis customers across multiple countries in the region. Stellantis, the largest car manufacturer in Latin America, owns brands including Fiat, Jeep, and Peugeot. The agreement has potential for expansion to additional markets and extended service periods.
This strategic partnership aims to enhance vehicle security and connectivity for Stellantis customers while strengthening Ituran's position as a leading telematics provider in South America. The company expects this collaboration to significantly expand its subscriber base in the coming years.
Ituran Location and Control (NASDAQ: ITRN) has scheduled its first quarter 2025 financial results release and conference call for Wednesday, May 28, 2025. The company will host a video conference via Zoom starting at:
- 9:00 AM Eastern Time
- 6:00 AM Pacific Time
- 4:00 PM Israel Time
During the conference call, management will present the quarterly results and answer investor questions. Participants must register through the provided Zoom link to join. After registration, attendees will receive access to the conference call through either the Zoom app or a dial-in telephone number. For those unable to attend live, a replay will be available through the same link and on Ituran's website shortly after the call ends.
Ituran Location and Control (Nasdaq: ITRN), a global leader in vehicle telematics, has announced its participation in the 15th Annual LD Micro Invitational investor conference in New York on April 9-10, 2025.
Mr. Ariad Sommer, CEO of Ituran USA, will deliver a presentation on Thursday, April 10, 2025, from 9:00-9:25am ET in Track 1. The event will showcase prominent small-cap companies in half-hour segments and offer private one-on-one meeting opportunities.
Investors can watch the presentation virtually through a link on Ituran's website. Management will be available for one-on-one meetings throughout the conference day. Interested parties can schedule meetings through LD Micro representatives or by contacting Ituran's investor relations team at ituran@ekgir.com.