Israel Q1 Earnings Roundup: Gearing up for Israel’s 60th
Source: http://israelnewsletter.comPosted on Tuesday, May 6th, 2008 | In Foreign Markets, Israel, Stocks to Watch
Lots of Israeli companies reporting earnings. Here are some highlights:
Perrigo (PRGO): Tightened up 2008 guidance higher and beat revenues projections. Earnings release here. Early look at the stock is that investors aren’t impressed. See our recent commentary on PRGO’s generic nicotine gum.
Teva Pharmaceuticals (TEVA): Earnings report here. Quarter over quarter growth looks to be 24% and profit down from CoGenesys charge.
RRSat (RRST): Smacked yesterday after an earnings release. The 20% drop came after putting up pretty good top lines numbers. Margins came down quite a bit.
Alvarion (ALVR): Stock popped after the wireless backhaul firm put up pretty good revenue numbers and a narrower loss. The stock jumped 15%. Earnings report here. See our analysis of the recent turbulence in the wireless market.
Ness Technologies (NSTC): Revenues up 27% year-over-year and earnings up 20%. Earnings report here.
Partner Communications (PTNR): Earnings report here. Total revenues up 12% and Net Income up 24%.
Last 5 posts by Zack Miller
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- Interview with expert community, MarketGuru.com’s CEO - August 3rd, 2008
Earnings Report, Foreign Markets, guidance, investors, Israel, israel, Israeli Companies, margins, Net Income, nicotine, Nicotine Gum, Partner Communications, PRGO, Q1 Earnings, Quarter Growth, Revenue Numbers, Roundup, Stock Earnings, Stock Report, Stocks to Watch, Teva Pharmaceuticals, Turbulence, Wireless Backhaul
 About Zack Miller (http://israelnewsletter.com)
Zack embodies the nexus between asset management, equity research, and new internet distribution technologies. Previously, Zack was an analyst at Oasis Capital Management, a multinational, multi-strategy hedge fund. Zack’s area of expertise is discovering and analyzing undervalued technology stocks, particularly of small-cap companies. Zack holds an MBA from the Kellogg School of Management and a B.A. from Harvard University. |
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