Elbit Systems (ESLT) Reports Q3 EPS of $1.63 on Revenues of $895.2M
Elbit Systems (NASDAQ: ESLT) reported Q3 EPS of $1.63, versus $1.57 reported last year. Revenue for the quarter came in at $895.2 million, versus $800.7 million reported last year.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "We reported a solid level of revenue in the quarter, growing by 12% over last year to almost $900 million. At the same time, we were able to show growth in backlog. This demonstrates that our business remains strong, in line with our strategy of consistently expanding our addressable markets through internal development of defense related products and solutions, as well as acquisitions of synergistic businesses."
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