Ituran Location Reports Q2 GAAP EPS of $0.66 and Revenue of $84.9 Million
Monday, 19 August 2024, 10:43
Q2 Financial Performance
In its latest press release, Ituran Location reported impressive Q2 results, with a GAAP EPS of $0.66 and total revenue reaching $84.9M. This growth reflects a strong demand for their services.
Subscriber Growth
Its subscriber base has expanded to 2.32 million, highlighting the company's ability to attract more customers. This growth in subscribers is critical for future revenue streams.
Future Earnings Outlook
Looking ahead, the company anticipates substantial EBITDA growth for 2024 and 2025, indicating strong operational performance and profitability.
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