Ituran Location and Control Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 79.47 million compared to USD 72.07 million a year ago. Net income was USD 11.36 million compared to USD 8.73 million a year ago.

Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to USD 0.43 a year ago.