ITRN Q2 2023 Earnings — Ituran Location and Control Ltd. Revenue & Financial Results | Market Cap Arena

ITRNIturan Location and Control Ltd.

$1B

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$82M+11.3% YoY

Gross Profit

$39M47.4% margin

Operating Income

$17M20.5% margin

Net Income

$12M15.0% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$304M

Total Liabilities

$138M

Stockholders' Equity

$159M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$73M	+11.3%
Gross Profit	$39M	$34M	+14.3%
Operating Income	$17M	$14M	+16.1%
Net Income	$12M	$9M	+40.2%