Elbit Systems (ESLT) Reports Q3 EPS of $1.33
Elbit Systems (NASDAQ: ESLT) reported Q3 EPS of $1.33, versus $1.57 reported last year. Revenue for the quarter came in at $1.1 billion, versus $895.15 million reported last year.
"We are pleased with the strong growth in our revenues, especially in North America, a strategic region for us, where sales in the quarter increased to 30% of our total revenue.
Over the past year we completed a number of important acquisitions that broadened our product portfolio and increased our penetration into strategic markets. The integration of recent acquisitions is progressing as expected, and we continue to explore additional opportunities to extract revenue and cost synergies.
Elbit Systems has a successful track record of value creation through both organic and acquisitive growth, and we intend to continue pursuing this strategy for the foreseeable future."
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