Ituran Location and trol .(ITRN) - 2024 Q1 - Quarterly Report

Exhibit 99.1 ITURAN PRESENTS FIRST QUARTER 2024 RESULTS Record revenue and continued strong profitability; reiterates guidance and declares an 8milliondividendforthefirstquarterof2024AZOUR,IsraelMay28,2024IturanLocationandControlLtd.(NASDAQ:ITRN)todayannounceditsconsolidatedfinancialresultsforthefirstquarter2024.Highlightsofthefirstquarterof2024Numberofsubscribersreached2,291,000,addinganet39,000inthefirstquarter;Recordrevenueof8 million dividend for the first quarter of 2024 AZOUR, Israel – May 28, 2024 – Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the first quarter 2024. Highlights of the first quarter of 2024 • Number of subscribers reached 2,291,000, adding a net 39,000 in the first quarter; • Record revenue of 85.0 million, a ...