Isrotel Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was ILS 570.98 million compared to ILS 577.82 million a year ago. Net income was ILS 102.04 million compared to ILS 119.94 million a year ago. Basic earnings per share from continuing operations was ILS 1.83 compared to ILS 2.18 a year ago. Diluted earnings per share from continuing operations was ILS 1.81 compared to ILS 2.17 a year ago.
For the nine months, revenue was ILS 1,463.39 million compared to ILS 1,410.54 million a year ago. Net income was ILS 190.17 million compared to ILS 200.73 million a year ago. Basic earnings per share from continuing operations was ILS 3.4 compared to ILS 3.71 a year ago. Diluted earnings per share from continuing operations was ILS 3.38 compared to ILS 3.68 a year ago.