Ituran Location and Control Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 81.65 million compared to USD 73.39 million a year ago. Net income was USD 12.25 million compared to USD 8.74 million a year ago. Basic earnings per share from continuing operations was USD 0.61 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 0.43 a year ago.
For the six months, revenue was USD 161.12 million compared to USD 145.46 million a year ago. Net income was USD 23.6 million compared to USD 17.47 million a year ago. Basic earnings per share from continuing operations was USD 1.17 compared to USD 0.85 a year ago.