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Technology / AI and automation

COMPANY RESULT: ECI TELECOM LTD

ECI Telecom Ltd has seen fourth quarter net profits up 19.6% at $27.8m on revenue up 36.0% at $166.7m; net profits for the year to December 31 were up 15.6% at $101.5m on revenue that rose 30.4% to $588.7m. Net earnings per share rose 19.4% to $0.37 in the quarter, 15.5% to $1.34 in the year. The Israeli company reports figures in US dollars.

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CBR Staff Writer

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