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Bezeq The Israel Telecommunication Corp. Ltd (BEZQ.TA)

Tel Aviv - Tel Aviv Delayed price. Currency in ILA (0.01 ILS)
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460.50-10.20 (-2.17%)
At close: 02:24PM IDT
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Previous close470.70
Open465.80
Bid470.00 x 100
Ask470.70 x 77511700
Day's range460.50 - 467.50
52-week range445.00 - 550.50
Volume7,237,897
Avg. volume5,599,913
Market cap13.024B
Beta (5Y monthly)0.08
PE ratio (TTM)10.96
EPS (TTM)0.42
Earnings date15 May 2024 - 20 May 2024
Forward dividend & yield0.27 (5.74%)
Ex-dividend date01 May 2024
1y target est6.50
  • Reuters

    Israel's Bezeq Telecom sees benefits from AI as posts flat Q1 profit

    JERUSALEM (Reuters) -Bezeq Israel Telecom reported flat quarterly profit on Wednesday, and said it expects to reap benefits from an exponential expansion of data created by artificial intelligence (AI) platforms through more lucrative fibre optics growth. Bezeq, Israel's largest telecoms group, said it earned 321 million shekels ($88.5 million) excluding one-time items in the first quarter, versus 322 million a year earlier, partly hamstrung by a sharp drop in net income at its mobile phone unit Pelephone. Revenue rose 2.4% to 2.31 billion, its highest quarterly revenue level since 2018, it said, driven by high demand for broadband internet.