Matrix IT Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 1,333.52 million compared to ILS 1,130.25 million a year ago. Net income was ILS 51.44 million compared to ILS 46.51 million a year ago. Basic earnings per share from continuing operations was ILS 0.81 compared to ILS 0.74 a year ago. Diluted earnings per share from continuing operations was ILS 0.81 compared to ILS 0.74 a year ago.
For the nine months, sales was ILS 3,911.42 million compared to ILS 3,453.9 million a year ago. Net income was ILS 170.8 million compared to ILS 284.54 million a year ago. Basic earnings per share from continuing operations was ILS 2.69 compared to ILS 4.53 a year ago. Diluted earnings per share from continuing operations was ILS 2.69 compared to ILS 4.51 a year ago.