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Ituran Location and Control Q2 Earnings Call Highlights
['Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Ituran Location and Control (NASDAQ:ITRN) reported record second-quarter revenue and profitability for 2026, driven by growth in recurring subscription revenue, subscriber additions and expanding original equipment manufacturer relationships.
Subscriber and cash generation growth: Ituran added 41,000 net subscribers, reaching 2.711 million, and generated a record $32.2 million in operating cash flow.
As of June 30, Ituran had $103.7 million in net cash, including marketable securities, and no debt.
About Ituran Location and Control (NASDAQ:ITRN)Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services.
The article "Ituran Location and Control Q2 Earnings Call Highlights" was originally published by MarketBeat.