Elbit Systems reports Q4 2024 earnings in Tel Aviv

supplemental disclosures in our earnings release. Elbit Systems reported its fourth quarter earnings for 2024 today. The company is based in Israel and specializes in defense electronics. During the call, executives shared financial highlights and discussed strategic developments. Revenue for the fourth quarter showed solid growth compared to the previous year. The company experienced increased demand for its products and services from various markets. This strong performance reflects Elbit’s ongoing focus on innovation and technology. Chief Financial Officer Kobi Kagan outlined key figures from the financial report. He noted that the earnings per share improved, which indicates a healthy financial position. Kagan also emphasized the importance of maintaining a strong cash flow. President and CEO Butzi Machlis commented on the company’s future outlook. He mentioned plans for new projects and potential expansion into emerging markets. Machlis expressed confidence in the company’s ability to adapt to industry changes and challenges. The call concluded with a question-and-answer session, where analysts sought more details about the company's growth strategy and upcoming initiatives. Elbit Systems remains optimistic about its prospects in the defense sector as it continues to innovate and respond to global security needs.