Margins suffer at Ituran Location in Q3 [Seeking Alpha]
Sunlands Technology Group American Depositary Shares, representing Class A ordinary shares (STG)
Company Research
Source: Seeking Alpha
Seeking Alpha Consumer | News On the Move Margins suffer at Ituran Location in Q3 Nov. 25, 2019 6:49 AM ET Ituran Location and Con... (ITRN) Niloofer Shaikh Ituran Location (NASDAQ: Product revenue grew 31% to $18.7M. Subscriber base increased 1.7% Y/Y to 1.781M. Adjusted gross margin rate squeezed 710 bps to 47%. Adjusted operating margin rate decreased 670 bps to 19.6%. Adjusted EBITDA up 10% to $18.73M. The company added 20,000 net after-market subscribers during the quarter and there was no change to the number of OEM subscribers. Previously: Ituran Location EPS misses by $0.08, misses on revenue See all stocks on the move » Now read: Sunlands Online Education reports Q3 results » Try PREMIUM
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- Under The Bonnet, Sunlands Technology Group's (NYSE:STG) Returns Look Impressive [Yahoo! Finance]Yahoo! Finance
- Sunlands Technology Group to Report Third Quarter 2024 Financial Results on Friday, November 22, 2024GlobeNewswire
- Sunlands Technology Group to Hold Annual General Meeting on December 10, 2024GlobeNewswire