Pointer Telocation Ltd. announced unaudited consolidated financial results for the quarter ended March 31, 2018. For the quarter, the company reported total revenue of $20,883,000 against $19,031,000 a year ago. Operating income was $2,568,000 against $2,256,000 a year ago. Income before taxes on income was $2,218,000 against $2,096,000 a year ago. Net income was $1,769,000 against $1,567,000 a year ago. Diluted net earnings per share were $0.21 against $0.19 a year ago. Net cash provided by operating activities was $2,319,000 against $1,505,000 a year ago. Purchase of property and equipment was $958,000 against $768,000 a year ago. Non-GAAP net income was $2,471,000 against $2,302,000 a year ago. Non-GAAP net income per share - Diluted were $0.30 against $0.29 a year ago. EBITDA was $3.3 million (15.7% of revenues), an increase of 5% compared with $3.1 million (16.3% of revenues) in the first quarter of 2017. Non-GAAP operating income for the quarter grew 19% to $3.1 million, a margin of 14.8% compared to $2.6 million in the first quarter of 2017, which was a margin of 13.7%. Non-GAAP net income from continuing operations in the first quarter was $2.5 million compared with $2.3 million in the first quarter of 2017, an increase of 7%. EBITDA from continuing operations in the first quarter was $3.3 million versus $3.1 million in the first quarter of 2017, an increase of 5%.