financetom
Business
financetom
/
Business
/
Israeli defence firm Elbit Systems Q3 profit jumps
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Israeli defence firm Elbit Systems Q3 profit jumps
Nov 19, 2024 9:33 PM

JERUSALEM, Nov 19 (Reuters) - Israeli defence firm Elbit

Systems reported higher quarterly profit in

the third quarter, boosted by strong demand from global

customers and from Israel's military to fight Hamas militants in

Gaza and Hezbollah in Lebanon.

One of Israel's largest defence contractors, the company

said on Tuesday it earned $2.21 per diluted share excluding

one-time items in the third quarter, compared to $1.71 a year

earlier.

Revenue rose to $1.72 billion from $1.50 billion, led by

drone and other aerospace sales.

Its order backlog reached $22 billion, with two-third of

that from foreign customers. About 37% of the backlog is slated

to be performed the rest of 2024 and in 2025.

Elbit's board declared a third-quarter dividend of $0.50 per

share, the same as in the second quarter.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Expand Energy Q2 Adjusted Earnings, Revenue Rise
Expand Energy Q2 Adjusted Earnings, Revenue Rise
Jul 29, 2025
04:25 PM EDT, 07/29/2025 (MT Newswires) -- Expand Energy ( EXE ) reported Q2 adjusted earnings late Tuesday of $1.10 per diluted share, up from $0.01 a year earlier. Analysts polled by FactSet expected $1.17. Revenue for the quarter ended June 30 was $3.69 billion, up from $505 million a year earlier. Analysts surveyed by FactSet expected $2.55 billion. ...
Nasdaq Insider Sold Shares Worth $812,174, According to a Recent SEC Filing
Nasdaq Insider Sold Shares Worth $812,174, According to a Recent SEC Filing
Jul 29, 2025
04:24 PM EDT, 07/29/2025 (MT Newswires) -- Michelle Lynn Daly, SVP, Controller & PAO, on July 25, 2025, sold 8,691 shares in Nasdaq (NDAQ) for $812,174. Following the Form 4 filing with the SEC, Daly has control over a total of 8,879 shares of the company, with 8,879 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1120193/000095017025099648/xslF345X05/ownership.xml ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Seagate Technology Holdings Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Shares Fall After Hours
Seagate Technology Holdings Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Shares Fall After Hours
Jul 29, 2025
04:24 PM EDT, 07/29/2025 (MT Newswires) -- Seagate Technology Holdings ( STX ) reported fiscal Q4 non-GAAP earnings late Tuesday of $2.59 per diluted share, up from $1.05 a year earlier. Analysts polled by FactSet expected $2.45. Revenue in the three months ended June 27 rose to $2.44 billion from $1.89 billion a year earlier. Analysts surveyed by FactSet expected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved