Ituran Location and Control Ltd. (ITRN) Q1 2023 Earnings Call Transcript

Ituran Location and Control Ltd. (NASDAQ:ITRN) Q1 2023 Results Conference Call May 24, 2023 9:00 AM ET

Company Participants

Kenny Green - EK Global IR
Eyal Sheratzky - CEO
Eli Kamer - CFO

Conference Call Participants

Chris Reimer - Barclays
Sasha Karim - IPI

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Ituran First Quarter 2023 Results Conference Call. All participants are at present in listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answer session. [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 EK Global Investor Relations at 1 [phone]; or view it in the news section of the company's website, www.ituran. co.il.

I will now hand over the call to Mr. Kenny Green of EK Global Investor Relations. Mr. Green, please begin.

Kenny Green

Thank you. Good day to all of you, and welcome to Etalon's conference call to discuss the first quarter 2023 results. I would like to -- I would like to thank each Ituran's management for hosting this conference call.

With me today on the call are Mr. Eyal Sheratzky, CEO; Mr. Udi Mizrahi, Deputy CEO and VP Finance; and Mr. Eli Kamer, CFO of Ituran. Eyal will begin with a summary of the quarter's 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 statement in today's press release also covers the contents of this conference call.

And now Eyal, please go ahead.

Eyal Sheratzky

Thank you, Kenny. I'd like to welcome all of you to our