Q2 2017 Financial Results Highlights

Quarterly Revenues with Strong Year over Year Growth

* mid-range guidance

Strong and continuous revenue growth

  • Record revenues         
  • Quarterly revenues of $345 million (13% YoY growth)
  • Q3 mid-range guidance of $355 million

Substantial net profit and margins increase

  • Record EBIDTA of $108 million, up 24% year over year
  • Net profit of $50 million, up 30% year over year

Strong Balance Sheet and Financial Ratios

  • Increased cash and short-term deposits to $484 million
  • Record shareholders equity of $814 million (as of June 30, 2017), as compared to $683 million (as of Dec’31, 2016)

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