Stock Analysis
Matrix IT Third Quarter 2024 Earnings: EPS: ₪1.01 (vs ₪0.81 in 3Q 2023)
Matrix IT (TLV:MTRX) Third Quarter 2024 Results
Key Financial Results
- Revenue: ₪1.42b (up 6.4% from 3Q 2023).
- Net income: ₪64.4m (up 25% from 3Q 2023).
- Profit margin: 4.5% (up from 3.9% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: ₪1.01 (up from ₪0.81 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Matrix IT shares are up 5.6% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Matrix IT's balance sheet and an in-depth analysis of the company's financial position.
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About TASE:MTRX
Matrix IT
Through with its subsidiaries, provides information technology solutions and services in Israel, the United States, Europe, internationally.
