Telsys Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was ILS 107.77 million compared to ILS 132.87 million a year ago. Net income was ILS 21.04 million compared to ILS 29.03 million a year ago.

Basic earnings per share from continuing operations was ILS 2.33 compared to ILS 4.47 a year ago. Diluted earnings per share from continuing operations was ILS 2.32 compared to ILS 4.47 a year ago.