ITRN Q3 2023 Earnings — Ituran Location and Control Ltd. Revenue & Financial Results | Market Cap Arena

ITRNIturan Location and Control Ltd.

$1B

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$81M+11.5% YoY

Gross Profit

$39M48.6% margin

Operating Income

$17M20.9% margin

Net Income

$13M15.4% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$17M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$297M

Total Liabilities

$128M

Stockholders' Equity

$164M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$73M	+11.5%
Gross Profit	$39M	$35M	+13.9%
Operating Income	$17M	$15M	+15.5%
Net Income	$13M	$10M	+24.3%