Ituran Location and trol .(ITRN) - 2022 Q1 - Quarterly Report

Exhibit 99.1 ITURAN PRESENTS RECORD SUBSCRIBER GROWTH IN ITS RESULTS FOR THE FOURTH QUARTER & FULL YEAR OF 2021 44,000 net subscriber adds & double-digit revenue and EBITDA growth for Q4 & FY 2021 AZOUR, Israel – March 7, 2022 – Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced its consolidated financial results for the fourth quarter of 2021. Revenues for the fourth quarter of 2021 were $70.4 million, an increase of 11$63.6 million in the fourth quarter of 2020. H ...