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Elbit Vision Systems revenues $2.9 million, 66% better

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Staff writer ▼ | October 30, 2015
Elbit Vision Systems announced its consolidated financial results for the three month period ending September 30, 2015.
Elbit Vision Systems
Elbit Vision Systems   Gross profit was $1.75 million
Revenues for the quarter were $2.9 million, representing an increase of 66% compared to $1.75 million in the third quarter of 2014.

Gross profit for the quarter was $1.75 million, representing 60.3% of revenues, an increase of 83% compared to $956 thousand for the third quarter of 2014, which represented 54.7% of revenues.

Operating income for the quarter was $915 thousand million (31.5% of revenue), an increase of 247% compared to $264 thousand (15.1% of revenues) in the third quarter of 2014.

Net income was $929 thousand (31.9% of revenue), an increase of 200% compared to $310 thousand (17.7% of revenues) in the third quarter of 2014.


 

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