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24/7
Headlines
10:36
To succeed in defense-tech, Israeli startups must stake their claim in the US
10:17
Four months after Intel shut it down, Ignite relaunches as an independent accelerator
09:18
How startups can drive insurance innovation to mitigate climate crises
08:59
“I foresee one of the best decades in the history of the State of Israel”
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1
Spyware startup Paragon acquired for up to $900M by investment firm AE
2
The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
3
Israel launches its first domestically built quantum computer
4
Promise Bio raises $8.3 million in Seed funding for its precision medicine tool for diseases
5
Israel launches new programs to address AI talent shortage
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Earnings
20 stories about Earnings
Just Before Nvidia Merger, Mellanox Reports 132% Increase in Net Income for Q2 2019
28.07.19
|
Tzally Greenberg
The Israeli chipmaker ended the second quarter of 2019 with a GAAP net income of $38.4 million and an almost 16% increase in revenue
Fitch Downgrades Teva, Keeps Outlook at Negative
10.06.19
|
Hezi Sternlicht
Fitch pins the downgrade on the drugmaker's slow revenue growth, persisting cost challenges and downward pressure on generic drug prices, and the company's legal trouble in the U.S.
Fiverr Wants to Go Public According to a Post-IPO Valuation of $650 Million
03.06.19
|
Hagar Ravet and Sophie Shulman
The online gig marketplace is looking to raise $121 million in its initial public offering on NYSE, according to its new prospectus
Acquisition Approval Still Pending, Aeronautics Erases $23 Million Due to Accounting Mistake
29.05.19
|
Hezi Sternlicht
In April, Aeronautics’ board approved its sale to Israeli defense contractor Rafael according to a company valuation of $237 million
Teva’s Copaxone Successors Are Still Far From Success
05.05.19
|
Hezi Sternlicht
Teva’s first quarter report for 2019, published Thursday, shows that while the drugmaker is progressing with its financial rehabilitation program, its net debt to EBITDA ratio is leaving the company in dangerous waters
Check Point’s First Quarter: Revenues Slightly Up, Profit Slightly Down
18.04.19
|
Tzally Greenberg and Micky Grunfeld
The Nasdaq-listed network and cloud security provider published its first-quarter report for 2019 Thursday
Teva Execs Topped TASE's High Earners List for 2018
18.04.19
|
Gil Kalian
With nearly $34 million added to the bank, Teva’s CEO Kåre Schultz was the highest earning executive on the Tel Aviv Stock Exchange last year
Hot Off Acquisition Announcement, Mellanox Reports Record Revenues for 2019 Q1
17.04.19
|
Lilach Baumer
In March, Nvidia announced an agreement to buy the company for $6.9 billion, valuing it at $125 per share
Verint Declines Stakeholder Demand for Board Changes
11.04.19
|
Hezi Sternlicht
In a letter to investors, the cybersecurity company called the demand made by 2.6% stakeholder Neuberger Berman ”unwarranted.” Neuberger Berman told Reuters Verint was being “defensive”
IronSource Banks on Doubled Revenues for Future Acquisitions, Report Says
01.04.19
|
Lilach Baumer
The Israel-based web and mobile monetization company expects revenues of $900 million in 2019 and is contemplating an IPO, co-founder Omer Kaplan told Reuters Monday
Spacecom Climbs to Profitability in 2018
31.03.19
|
Hezi Sternlicht
Spacecom has been on a downward spiral since 2016, when its AMOS-6 satellite exploded on its launch pad in pre-checks and cost the company a $95 million contract with Facebook and a $285 million acquisition deal with telecommunication technologies supplier Beijing Xinwei Technology Group
Extension of Panasonic Deal Boosts Tower Semiconductor on Nasdaq
27.03.19
|
Lilach Baumer
The Israel-based company saw its stock depreciate by over 50% since the beginning of 2018, and its net profit cut by around 55% between 2017 and 2018 despite a boost in revenues
For 888, 2018 Spelled Drop in Revenues, Jump in Profits
14.03.19
|
Lilach Baumer
Online gambling outfits have been facing increased regulatory scrutiny in the U.K., one of 888’s main markets, and in several other countries
U.S. Government Shutdown Tanked Fourth Quarter Sales, Says Stratasys
10.03.19
|
Hezi Sternlicht
Stratasys manufacturers 3D printers and production systems for several industries, including aerospace, automotive, healthcare, and consumer products
Morgan Stanley Downgrades Teva From Overweight to Equal Weight
07.03.19
|
Hezi Sternlicht
The bank upgraded Teva to overweight in November, setting a target price of $27, at the time a 20% premium on the company’s trading price
Compugen Falls 17% on Employee Cuts Announcement
27.02.19
|
Lilach Baumer
The Nasdaq-listed cancer immunotherapy company published its fourth quarter and full year results for 2018 Tuesday
Wix Beats Analyst Consensus on Quarterly, Annual Revenues
20.02.19
|
Lilach Baumer
The Israeli website building company closed 3.48% up on Nasdaq Tuesday
Earnings Report Boosts Tower Semiconductor on Nasdaq Despite Cut to Profits
20.02.19
|
Hezi Sternlicht
Tower lost around 50% of its stock valuation over the past 12 months
Plus500's Stock Takes Another Hit on Annual Report Amendment
19.02.19
|
Lilach Baumer
The London-listed online trading firm crashed last week after forecasting in its 2018 earnings report that revenues for 2019 will be "lower than current market expectations" due to regulatory changes
CyberArk Revenues Up 31% in 2018
17.02.19
|
Hezi Sternlicht
The information security company reported $109.1 million in revenue for the fourth quarter of 2018, up 36% year over year and exceeding analysts’ expectations of $95.94 million
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