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Recent Updates — ITRN

September 9, 2026View Source ↗

Ituran Location and Control Ltd. announced on September 9, 2026, that it was awarded its first multi-year contract for a Big Data traffic-monitoring platform. The agreement with entities under the Israeli Ministry of Transport involves providing a Software-as-a-Service solution to monitor live traffic behavior across Israel's main roads using anonymized data from over one million vehicles. The contract spans up to four years and is valued at over NIS 21 million (approximately US$7 million), with the first year guaranteed at NIS 5 million (approximately $1.7 million). This marks a significant expansion into recurring revenue streams leveraging aggregated insights for public sector policy guidance. Ituran operates in the mobility technology industry, providing vehicle telematics and OEM connectivity solutions.

August 12, 2026View Source ↗

Ituran Location and Control Ltd. announced that its Board of Directors approved a cash dividend of $0.50 per share, totaling approximately US$10 million for the second quarter of 2026. The dividend is payable to shareholders of record as of September 29, 2026, with payment scheduled for October 14, 2026. Ituran operates in the mobility technology industry, providing location-based services such as stolen vehicle recovery and fleet management.

August 12, 2026View Source ↗

Ituran Location and Control Ltd. reported second quarter 2026 financial results on August 12, 2026. Revenue reached a record $104.8 million, up 21% year-over-year, driven by a 25% increase in subscription revenue to $79.8 million. Net income rose 29% to $17.3 million, or $0.88 per diluted share, while EBITDA grew 24% to a record $28.5 million. The company added 41,000 net subscribers, bringing the total base to 2,711,000. Operating cash flow was $32.2 million, and the balance sheet held $103.7 million in net cash with no debt. The Board declared a quarterly dividend of $0.50 per share. Ituran operates in the mobility technology industry, providing location-based services such as stolen vehicle recovery and fleet management.

July 20, 2026View Source ↗

Ituran Location and Control Ltd. announced that it will release its second quarter 2026 financial results on August 12, 2026. The company will host a video conference call at 9am Eastern Time on the same day to review the results and answer investor questions. Ituran provides location-based services and telematics for the automotive and mobility industries.