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Consolidated Statements of Operations | ||||||
(in thousands, except share data) | ||||||
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Nine months ended September 30, |
Three months ended September 30, |
Year ended December 31, | |||
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| 2024 | 2023 | 2024 | 2023 | 2023 | |
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| U.S. dollars | U.S. dollars | U.S. dollars | |||
Revenues | 311,941 | 226,685 | 112,340 | 80,470 | 315,375 | |
Cost of revenues | 160,122 | 118,840 | 56,484 | 41,462 | 167,742 | |
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Gross profit | 151,819 | 107,845 | 55,856 | 39,008 | 147,633 | |
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Research and development costs | 27,916 | 23,428 | 9,770 | 7,756 | 31,470 | |
Selling, general and administrative expenses | 47,134 |
36,224 |
16,440 |
12,187 |
50,751 | |
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| 75,050 |
59,652 |
26,210 |
19,943 |
82,221 | |
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Operating profit | 76,769 | 48,193 | 29,646 | 19,065 | 65,412 | |
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Financial income, net | 16,994 | 16,536 | 6,370 | 5,672 | 22,218 | |
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Income before income taxes | 93,763 | 64,729 | 36,016 | 24,737 | 87,630 | |
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Income tax expense | (8,257) | (6,887) | (3,273) | (2,679) | (8,998) | |
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| Net income | 85,506 | 57,842 | 32,743 | 22,058 | 78,632 | |
| Net income per ordinary share :
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Nine months ended September 30, |
Three months ended September 30, |
Year ended December 31, | |||
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| 2024 | 2023 | 2024 | 2023 | 2023 | |
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| U.S. dollars | U.S. dollars | U.S. dollars | |||
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| Basic net earnings per share | 1.86 | 1.30 | 0.71 | 0.49 | 1.76 | |
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| Diluted net earnings per share | 1.75 | 1.20 | 0.67 | 0.46 | 1.63 | |
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| Weighted average number of |
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| ordinary shares outstanding |
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| (in thousands): |
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| Basic | 45,912 | 44,614 | 46,016 | 44,728 | 44,725 | |
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| Diluted | 49,333 | 48,682 | 49,437 | 48,965 | 48,863 | |
