Israel’s Mobileye (NASDAQ: MBLY) continues its strong performance on Nasdaq since its return to the U.S. stock exchange in October. The company’s shares jumped during trading hours after it announced better than expected financial results for the third quarter. In...
Bank Leumi delivered another strong quarterly report. The bank continues to benefit from the rising interest rate environment as the Bank of Israel is determined to bring inflation under control. Leumi's net profit rose by almost 15% to NIS 1.78B compared to NIS 1.55B...
Enlight Energy (TASE: ENLT), the Israeli renewable energy company, reported strong financial results for Q3, 2022. The company made NIS 64M profit in the reported period compared to NIS 2M in the corresponding quarter of 2021. The rise in profitability was a result of...
Israeli oil and gas company NewMed Energy turned a profit in the third quarter, thanks to record sales from its Leviathan gas field and increased gas prices due to the war in Ukraine. NewMed reported a net $123 million profit in Q3, compared to a $50 million loss the...
The Israeli multinational high-tech firm Elbit Systems (TASE: ESLT) which operates in defence sector, has been awarded a contract worth around $200 million to deliver electronic warfare and airborne laser technologies to safeguard the military helicopters of a country...
The oil and gas industry is one of the bright spots in the business sector this year, as corporations continue to benefit from high energy prices. Bazan Group (TASE: ORL), Israel's largest refinery and petrochemicals company, is no exception in this regard as it...
NICE Ltd (Nasdaq: NICE, TASE: NICE), an Israeli company that engages in the provision of enterprise software solutions and services, reported strong third-quarter financial results. The company’s revenue grew by 12.3% to $554.7 million compared to $493.8 million in...
Investors drove up the share price of the Israeli solar energy technology company SolarEdge (Nasdaq: SEDG) after it disclosed third-quarter revenues that beat Wall Street forecasts and provided optimistic fourth-quarter revenue estimates. The share price soared 19%...
CyberArk (Nasdaq: CYBR), an Israeli security company that provides identity and access management solutions, has released its third-quarter financial report, outperforming market revenue and profit expectations. As a result of the strong performance, the company also...
AudioCodes (TASE: AUDC, NASDAQ: AUDC), a leading provider of sophisticated communications software, products, and productivity solutions for the digital workplace, announced financial results for the Q3, 2022. According to report, revenue was $69.7 million, up 10%...