The Tel-Aviv Stock Exchange Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023 at 11:15 am EST
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The Tel-Aviv Stock Exchange 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 95.49 million compared to ILS 86.02 million a year ago. Net income was ILS 18.23 million compared to ILS 8.71 million a year ago. Basic earnings per share from continuing operations was ILS 0.196 compared to ILS 0.086 a year ago. Diluted earnings per share from continuing operations was ILS 0.192 compared to ILS 0.085 a year ago.
For the nine months, revenue was ILS 288.41 million compared to ILS 274.69 million a year ago. Net income was ILS 62.48 million compared to ILS 37.63 million a year ago. Basic earnings per share from continuing operations was ILS 0.645 compared to ILS 0.369 a year ago. Diluted earnings per share from continuing operations was ILS 0.634 compared to ILS 0.364 a year ago.
Tel Aviv Stock Exchange Ltd is an Israel-based company, which is engaged in managing a securities stock exchange and in related activities. The Company's main function is to approve the issue of diverse types of securities and to supply necessary facilities for trading in securities and clearing transactions, including trade data and announcements. The Company operates through its wholly owned subsidiaries: The TASE Clearing House Ltd (TASE-CH) that is engaged primarily in the clearing and settlement of securities, other than derivatives, and providing services as a Central Securities Depository, as well as The MAOF Clearing House Ltd (MAOF-CH) that is engaged primarily in issuing options and futures (derivatives) and providing clearing services for these derivatives.