Elbit Systems ( (ESLT) ) has released its Q1 earnings. Here is a breakdown of the information Elbit Systems presented to its investors.
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Elbit Systems is a global defense technology company known for developing advanced solutions across multiple domains, leveraging Israel’s technology ecosystem to address evolving battlefield challenges. In its first quarter of 2025, Elbit Systems reported strong financial results with revenues reaching $1.9 billion, a 22% increase from the previous year, driven by heightened global demand for defense products amid ongoing conflicts. The company’s order backlog grew to $23.1 billion, reflecting a 14% increase from the previous year, and its net income rose significantly, highlighting robust operational performance. Key financial metrics include a GAAP net income of $107.1 million and a non-GAAP net income of $117.2 million, with earnings per share also showing notable growth. Looking ahead, Elbit Systems is strategically positioned to capitalize on increasing defense budgets worldwide, particularly in Europe, as it continues to expand production capacity and optimize supply chains to meet high demand.
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