Ituran Location and Control Ltd. (ITRN) Q4 2022 Earnings Call Transcript

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153.96K Followers

Q4: 2023-02-28 Earnings Summary

EPS of $0.47 misses by $0.05
 | Revenue of $74.95M (6.46% Y/Y) beats by $323.00K

Ituran Location and Control Ltd. (NASDAQ:ITRN) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET

Company Participants

Ehud Helft - EK Global Investor Relations
Eyal Sheratzky - Co-CEO
Eli Kamer - CFO
Udi Mizrahi - Deputy CEO and VP, Finance

Conference Call Participants

Chris Reimer - Barclays
Gavin Kennedy - Jefferies
Abba Horovitz - Old School Partners

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Ituran Fourth Quarter 2022 Results Conference Call. [Operator Instructions] As a reminder: This conference is being recorded. You should have all received by now the company's press release. If you have not received it, please contact Ituran's Investor Relations team at EK Global Investor Relations at 1 (212) 378-8040; or view it in the news section of the company's website, www.ituran.co.il.

I will now hand the call over to Mr. Ehud Helft of EK Global Investor Relations.

Mr. Helft, would you like to begin?

Ehud Helft

Thank you, operator. Good day to all of you. And welcome to Ituran's conference call to discuss the fourth quarter and full year 2022 results. I would like to thank Ituran management for hosting this call.

With me on the call today are Mr. Eyal Sheratzky, the Co-CEO; Mr. Udi Mizrahi, Deputy CEO and VP, Finance; and Mr. Eli Kamer, the CFO. Eyal will begin with a summary of the quarter results, followed by Eli with a summary of the financials. We will then open the call for the question-and-answer session.

I would like to remind everyone that the safe harbor in the press release also covers the content of this conference call.

And now Eyal, would you like to begin, please?

Eyal Sheratzky

Thank you, Ehud. I'd like to welcome all of you to our full year and fourth quarter 2022 call, and I would

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