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...
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...
Zim reported the following second quarter results — Financial and Operating Highlights for the Three Months, Ending June 30, 2019: Total revenues were $834.3 million compared to $803.2 million in Q2 2018, a 3.9% increase. ZIM...
Elbit reported second quarter results today which reflected an increase in revenue of nearly 20% from the second quarter of 2018. Most of the increase reflects the integration of Israel Military Industries  It reported having a backlog of $9.8 billion in orders.
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...
Teva, once the flagship company of the Israeli economy, has had more woes than the prophet Job. Despite its many problems, Teva still has a strong core business and hopes that by cutting enough expenses from its operations it can become profitable...
Here is what Checkpoint reported: Total Revenue: $488 million compared to $468 million in the second quarter of 2018, a 4 percent increase year over year. GAAP Operating Income: $213 million compared to $224 million in...
Today, Wix reported excellent results, with second quarter revenues totaling $184 million, up 27% from Q2 of last year. Collections totaled $199 million, up 25% from last year. Both numbers were higher than the company’s previous guidance. Cumulative collections from H1 '19...
The Israel Aerospace Industries reported it had earned $15 million during the first quarter of 2019. This is $1million more than IAI earned during first quarter of 2018. Sales of the company rose by 13.5% to $1 billion. The growth in sales...
787 Arriving to El Al El Al had its worst quarter ever, losing $55 million. The company’s monumental loss is attributed to a number of factors, the most significant of which, is a drop in passengers.  El Al’s income dropped to $429 million...