ITRN Q1 2023 Earnings — Ituran Location and Control Ltd. Revenue & Financial Results | Market Cap Arena

ITRNIturan Location and Control Ltd.

$1B

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$79M+10.3% YoY

Gross Profit

$37M46.2% margin

Operating Income

$16M20.1% margin

Net Income

$11M14.3% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$299M

Total Liabilities

$140M

Stockholders' Equity

$153M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$72M	+10.3%
Gross Profit	$37M	$33M	+10.3%
Operating Income	$16M	$14M	+11.7%
Net Income	$11M	$9M	+30.1%