Checkpoint, Israel’s largest cybersecurity company, announced third quarter results today.  Company sales continue slow, but steady growth, up 4 percent year-over-year. However, profits slipped slightly on year-to-year basis. Total Revenue: $491 million compared to $471 million in the third...
Bank Leumi reported it had earned NIS 1.1 billion during the first quarter of 2019. This represents an increase of 49.6% from 2018. This sum of profit translates into a return on equity of 12.7%, up from 9% a year earlier. Part...
Bank Hapoalim, Israel’s largest bank, announced it had earned NIS 821 million during the first quarter of 2019. While this is up by 31% from earnings one year ago, it is still below the NIS 1.1 billion earned by Bank Leumi. Bank...
ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS   Backlog of orders at $10.0 billion; Revenues of $4.51 billion; Non-GAAP net income of $297.8 million; GAAP net income of $227.9 million; Non-GAAP net EPS...
Zim reported the following financial and operating highlights for the Three Months Ended September 30, 2019: Total revenues were $842.0 million compared to $840.7 million in Q3 2018, a 0.2% increase;ZIM carried 725 thousand TEUs compared to 730 thousand...
El Al reported quarterly results for the third quarter this past week, as a result of which, the airline's stock dropped. The stock market viewed the decline in profits for Q3 (typically El Al's most profitable quarter) and sold off the airline's...
As of Friday July 3rd El Al grounded the last of its flights. A dispute between management and the pilots was the final blow. El Al still has not reached an agreement with the Israeli Treasury on terms of bailout...
Bank Leumi and Bank Discount, two of Israel's leading banks published their financial results today. Both reported excellent results, and thanks to cost-cutting, both have become very profitable. After undergoing several self-inflicted wounds, including legal difficulties in the United States, Israel’s banking sector as...
Bezek announced it lost NIS 1.6 billion in the second quarter of 2019. The loss was the result of two special transactions — the company wrote down the value of its Pelephone subsidiary by NIS 950 million and also wrote down the...
Teva Pharmaceutical Industries Ltd reported third-quarter results that were better than expected by analysts. It also appointed Eli Kalif as Executive Vice President and Chief Financial Officer. Revenues in the third quarter of 2019 were $4,264 million,...