Ituran: 2Q Earnings Snapshot
AZOOR, Israel (AP) _ Ituran Location & Control Ltd. (ITRN) on Wednesday reported second-quarter earnings of $7.7 million.
The Azoor, Israel-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 46 cents per share.
The maker of tracking and communications technology for vehicles posted revenue of $71.2 million in the period.
Ituran shares have dropped 19% since the beginning of the year. The stock has decreased 23% in the last 12 months.