Ituran: 3Q Earnings Snapshot
AZOOR, Israel (AP) _ Ituran Location & Control Ltd. (ITRN) on Monday reported third-quarter profit of $6.4 million.
The Azoor, Israel-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 37 cents per share.
The maker of tracking and communications technology for vehicles posted revenue of $69 million in the period.
Ituran shares have fallen 27% since the beginning of the year. The stock has decreased 29% in the last 12 months.