Ituran Reports Record Q2 Revenue

Ituran Location and Control(NASDAQ:ITRN) reported Q2 2025 earnings on August 19, 2025, achieving record revenues of $86.8 million with 2% year-over-year growth despite currency headwinds and a temporary market shutdown due to regional conflict. Net income rose 2% year-over-year to $13.5 million, supported by a net increase of 40,000 subscribers.The company achieved a net addition of 40,000 subscribers, bringing the total to 2,548,000, even though the war between Israel and Iran halted new car sales and economic activity in Israel for about two weeks. Management reiterated the 2025 forecast of 220,000 to 240,000 net subscriber additions, maintaining their guidance despite macroeconomic and regional challenges.This resilience in subscriber growth, even during significant geopolitical disruptions, underscores the defensive qualities of the company’s subscription-based business model.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool