ITURAN PRESENTS SECOND QUARTER 2025 RESULTS
1. ITRN achieved $86.8 million in revenue, a 2% increase year-over-year. 2. Net income rose to $13.5 million, a 2% year-over-year growth. 3. 40,000 new subscribers added, totaling 2.5 million subscribers. 4. Despite war impacts, ITRN expects growth of 220-240,000 subscribers in 2025. 5. The company declared a $10 million dividend, highlighting strong cash flow.