Ituran Reports 2% Increase in Q2 2025 Revenues to $86.8M, Net Income Rises by 2% to $13.5M

Reuters

08/19

Ituran Reports 2% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenues to $86.8M, Net Income Rises by 2% to $13.5M

Ituran Location and Control Ltd. $(ITRN)$ reported its financial results for the second quarter of 2025. The company achieved a record revenue of $86.8 million, marking a 2% increase from $84.9 million in the same quarter of the previous year. Net income rose to $13.5 million, also reflecting a 2% year-over-year increase. However, EBITDA decreased by 1% to $22.9 million compared to last year. The Board declared a quarterly dividend of $10.0 million, or $0.50 per share. During the quarter, Ituran added 40,000 net new subscribers. 73% of the revenues came from location-based service subscription fees, and 27% from product revenues. Despite facing challenges such as a temporary cessation of new car sales in Israel due to a brief war with Iran, the company continued to grow its large subscriber base and introduced new telematics products, including a promising offering targeted at motorcycle owners. Ituran reiterated its expectation to grow its subscriber base by 220,000 to 240,000 net new subscribers in 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ituran Location and Control Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN53451) on August 19, 2025, and is solely responsible for the information contained therein.

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The company achieved a record revenue of $86.8 million, marking a 2% increase from $84.9 million in the same quarter of the previous year. Net income rose to $13.5 million, also reflecting a 2% year-over-year increase. However, EBITDA decreased by 1% to $22.9 million compared to last year. The Board declared a quarterly dividend of $10.0 million, or $0.50 per share. During the quarter, Ituran added 40,000 net new subscribers. 73% of the revenues came from location-based service subscription fees, and 27% from product revenues. Despite facing challenges such as a temporary cessation of new car sales in Israel due to a brief war with Iran, the company continued to grow its large subscriber base and introduced new telematics products, including a promising offering targeted at motorcycle owners. 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The company achieved a record revenue of $86.8 million, marking a 2% increase from $84.9 million in the same quarter of the previous year. Net income rose to $13.5 million, also reflecting a 2% year-over-year increase. However, EBITDA decreased by 1% to $22.9 million compared to last year. The Board declared a quarterly dividend of $10.0 million, or $0.50 per share. During the quarter, Ituran added 40,000 net new subscribers. 73% of the revenues came from location-based service subscription fees, and 27% from product revenues. Despite facing challenges such as a temporary cessation of new car sales in Israel due to a brief war with Iran, the company continued to grow its large subscriber base and introduced new telematics products, including a promising offering targeted at motorcycle owners. 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ID: LN53451) on August 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ITRN","symbol_name":"Ituran定位和控制","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250819:nNDL9yp5NB:1","article_id":"2560160456","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560160456","pubTimestamp":1755599449,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ituran Location and Control Ltd.  reported its financial results for the second quarter of 2025. 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