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Article: ECI Telecom Announces First Quarter 1999 Results.

Article from:
Business Wire
Article date:
May 10, 1999
Copyright

PETAH TIKVA, Israel--(BUSINESS WIRE)--May 10, 1999--

Pro forma, ECI with Tadiran Telecom, results for 1999 & 1998,

Excluding Merger-Related charges:

Net Income up 40% on 15% Increase in Revenues

On a Standalone Pro forma basis, ECI Earned $45.6M

or $0.57 Per Share (Diluted) on Revenues of $212M

ECI TELECOM LTD. (NASDAQ/NM Symbol: ECILF news), today announced consolidated results of operations for the first quarter of 1999.

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