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ITURAN LOCATION AND CONTROL LTD. SCHEDULES FOURTH QUARTER & FULL YEAR 2025 RESULTS RELEASE AND CONFERENCE CALL FOR MARCH 5, 2026
Prnewswire· 2026-02-09 11:30
Conference Call Scheduled at 9am Eastern Time AZOUR, Israel, Feb. 9, 2026 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its fourth quarter and full year 2025 results on Thursday, March 5, 2026. The Company will be hosting a video conference call later that day via Zoom, starting at 9am Eastern Time, 6am Pacific Time and 4pm Israel time. On the call, management will review and present the results and will be available to answer investor questions. To pa ...
Magna International Inc. Announces Date for Third Quarter 2025 Results
Globenewswire· 2025-09-24 21:00
Core Points - Magna International Inc. will announce its third quarter 2025 results on October 31, 2025, at 8:00 AM ET [1] - The company is a leading supplier in the automotive industry and operates as a mobility technology company with over 164,000 employees across 338 manufacturing operations and 106 product development, engineering, and sales centers in 28 countries [3] Company Information - Magna has over 65 years of expertise in the automotive sector, positioning itself uniquely to advance mobility in an evolving transportation landscape [3] - The company emphasizes its interconnected products and complete vehicle expertise as key components of its business model [3] Investor Communication - A live audio webcast will be available for the earnings call, with registration details provided [2] - Dial-in details for participants include a toll-free number and a toll number, along with a conference ID for access [2] - A replay of the call will be available two hours after the event and will expire on November 7, 2025 [3]
ITURAN PRESENTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-05-28 10:30
Core Insights - Ituran Location and Control Ltd. surpassed 2.5 million subscribers, achieving a net addition of 99,000 subscribers in the first quarter of 2025, and raised its 2025 net subscriber-add forecast to between 220,000 and 240,000 [1][3][6] Financial Performance - Revenues for the first quarter of 2025 were $86.5 million, a 2% increase from $85.0 million in the same quarter of 2024 [4][8] - Subscription fee revenues accounted for 72% of total revenues, amounting to $62.2 million, which is a 2% increase year-over-year [4][5] - Product revenues were $24.3 million, reflecting a 1% increase year-over-year [7][8] - Gross profit for the quarter was $42.0 million, representing 48.6% of revenues, a 6% increase compared to $39.5 million in Q1 2024 [7][9] - Operating income rose to $18.7 million, a 10% increase year-over-year [8][9] - Net income increased to $14.6 million, a 12% increase compared to $13.0 million in Q1 2024 [10][8] - EBITDA for the quarter was $23.3 million, up 4% from $22.3 million in the same quarter last year [10][8] Subscriber Growth - The subscriber base expanded to 2,508,000 by the end of March 2025, marking a quarterly increase of 99,000 [6][8] - The growth was significantly driven by a new telematics service agreement with Stellantis, the largest car manufacturer in Latin America [3][6] Dividend Declaration - The Board declared a quarterly dividend of $10 million, equivalent to $0.50 per share, reflecting the company's strong profitability and positive cash flow [8][12] Cash Flow and Balance Sheet - Cash flow from operations for the quarter was $15.5 million [11] - As of March 31, 2025, the company had net cash, including marketable securities, of $75.7 million, with no debt [11]