Nur Macroprinters (Nasdaq: NURM) reports Q3 2000 net profits of $3.6 million compared with $1.12 million in Q3 1999. Quarterly revenues were $36.6 million compared with $23.8 million in Q3 1999. Adjusted earnings exclude $4.9 million in costs related to the Salsa Digital acquisition. Q3 2000 EPS (excluding Salsa Digital) increased by 42% to $0.24, as compared to $0.16 per share for the comparable period last year.
American-Israeli Paper Mills (Nasdaq: AIP) has announced Q3 2000 revenues of NIS 442.9 million ($110.1 million) up from NIS 384.5 million ($95.5 million) in Q3 1999. Net profit for Q3 2000 totaled NIS 16.1 million, up from NIS 12.4 million in the corresponding quarter last year ($4 million, up from $3.1 million). Q3 2000 EPS totaled NIS 4.06 ($1.01), as compared with NIS 3.18($0.79) in Q3 1999.
Internet Gold (Nasdaq: IGLD) today reported a Q3 2000 net loss of NIS 24.2 million (US$ 6.0 million) or NIS 1.31 (US$ 0.33) per share, compared with a net profit of NIS 1.5 million (US$0.39 million) or NIS 0.10 (US$ 0.02) per share for Q3 1999. Net loss for the nine month period reached NIS 54.9 million (US$13.7million) or NIS 2.98 (US$ 0.74) per share, compared with a net loss of NIS 5.0 million (US$ 1.3 million) or NIS 0.34 (US$0.08) per share for the comparable period in 1999.
Q3 2000 revenues were NIS 52.8 million (US$13.1 million), representing a 93% increase compared with revenues of NIS 27.4 million (US$6.8 million) for Q3 1999. Nine months revenues were up by 67% and reached NIS 123,723 million (US$ 30.7 million) compared with NIS 73.9 million (US$18.3 million) for the comparable period in 1999.
BVR Systems (Nasdaq: BVRS) reported Q3 2000 revenues for the quarter of $5.9 million, a decline of 16% from revenues of $7.1 million for the Q3 1999. BVR said the drop in Q3 2000 revenues was due to a slowdown in the completion of several ongoing projects. Net loss for Q3 2000 was $2.1 million, or $0.21 per share, down sharply from a net loss of $7.0 million, or $0.77 per share, for Q3 1999. The loss included a tax adjustment of $700,000 resulting from a shift of past tax benefits pertaining to the Israeli Law of Encouragement of Capital Investments.
Industrial Buildings announced Q3 2000 revenues of NIS 130.3 million, compared with NIS 50.7 million in Q3 1999. Net profit was NIS 65.7 million, compared with NIS 20 million in the comparable period.
Published by Israel's Business Arena on November 9, 2000.