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24/7
Headlines
15:17
Israeli arms exports hit record $14.8 billion despite boycotts and war criticism
14:56
Full list of Israeli high-tech layoffs in 2025
14:47
REE Automotive cutting 50% of staff after $70M loss
14:26
Merlin Ventures raises $75 million to back next wave of Israeli cybersecurity startups
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1
Intel CEO backs $44M round for Speedata as Israeli chipmaker targets big data bottlenecks
2
Deel hits $1 billion revenue run rate, sets sights on acquisitions and possible IPO
3
Combat-ready and camera-eyed: The X-Intra drone joins Israel’s arsenal
4
Zero Networks raises $55M Series C to simplify microsegmentation at scale
5
Guardicore founders raise $32 million for new stealth cyber-AI startup
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Earnings
20 stories about Earnings
WeWork Continues Downward Spiral With $1.25 Billion in Losses for 3Q 2019
14.11.19
|
CTech
The New York Times and Bloomberg first reported the company has more than doubled its losses year-over-year
Teva Is Pulling an Ace From its Sleeve in its Attempt to Reinvent Itself
11.11.19
|
Uri Tal-Tene
With one anti-cancer biosimilar launching this week and another expected to hit the market soon, Teva could be creating a new growth engine worth hundreds of millions of dollars a year
Teva Announces $1.5 Billion Debt Tender Offer
10.11.19
|
Sophie Shulman
On Thursday, the Israeli drugmaker published its third quarter reports for 2019, reporting it had cut down its net debt to $25.7 billion
Despite Losses, Teva Pays Employee Bonuses for 2018
13.08.19
|
Hezi Sternlicht
Though Teva ended 2018 with a net loss of over $2.45 billion, the company awarded its employees with bonuses worth $390 million for the fiscal year’s results
Teva Beat Analysts’ Consensus, But Its Big Battles Are Still Up Ahead
08.08.19
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Sophie Shulman
Teva ends the second quarter of 2019 down a CFO, with negative cash flow and the threat of lawsuits that could cost billions. In his call with analysts, CEO Kare Schultz hinted at the possibility of future layoffs, but Teva still handed out $240 million worth of annual bonuses to senior executives
Teva Beats Analysts on Second Quarter Operating Income, Revenues
07.08.19
|
CTech
The company also announced chief financial officer Michael McClellan will be stepping down after two years for personal reasons related to family
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
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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
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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
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