ITRN Q1 2024 Earnings — Ituran Location and Control Ltd. Revenue & Financial Results | Market Cap Arena

ITRNIturan Location and Control Ltd.

$1B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$85M+7.0% YoY

Gross Profit

$40M46.5% margin

Operating Income

$17M20.0% margin

Net Income

$13M15.3% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$321M

Total Liabilities

$139M

Stockholders' Equity

$177M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$79M	+7.0%
Gross Profit	$40M	$37M	+7.8%
Operating Income	$17M	$16M	+6.5%
Net Income	$13M	$11M	+14.8%