Overview
Israel mobility tech firm's Q4 revenue rose 13% yr/yr, slightly missing analyst expectations
EPS for Q4 was $0.77
Ituran expands into U.S. market with IturanMob initiative
Outlook
Ituran expects to maintain subscriber-add rate at 160,000-180,000 subscribers in 2026
Company anticipates returns from new investments in 2026
Result Drivers
SUBSCRIBER GROWTH - Ituran added 42,000 net subscribers in Q4, contributing to record revenue, aided by OEM deal with Stellantis
TELEMATICS PRODUCTS - Growth driven by telematics and connected-car products, enhancing customer value and subscriber base
Company press release: ID:nPnc40QRCa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$93.5 mln
$94.20 mln (2 Analysts)
Q4 EPS
$0.77
Q4 Net Income
$15.3 mln
Q4 EBITDA
$25.3 mln
Q4 Operating Income
$20.4 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)