Unitronics (1989)(R"G) LTD. announced unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2016. For the nine months, on consolidated basis, the company's revenues were ILS 113.8 million compared with ILS 119.2 million a year ago. Operating loss was ILS 6.5 million compared with operating profit of ILS 11.7 million a year ago. Loss before tax benefit (taxes on income) was ILS 11.1 million compared with profit of ILS 10.1 million a year ago. Net loss for the period was ILS 10.9 million or ILS 0.919 per basic and diluted share compared with net profit of ILS 9.3 million or ILS 0.927 per basic and diluted share a year ago. Cash flows used in operating activities was ILS 0.42 million compared with cash flows provided by operating activities of ILS 13.9 million a year ago. Purchase of property and equipment was ILS 3.5 million compared with ILS 0.8 million a year ago. Investment in intangible assets was ILS 11.6 million compared with ILS 18.4 million a year ago. For the quarter, on consolidated basis, the company's revenues were ILS 36.4 million compared with ILS 35.6 million a year ago. Operating loss was ILS 3.2 million compared with operating profit of ILS 1.7 million a year ago. Loss before tax benefit (taxes on income) was ILS 5.2 million compared with profit of ILS 0.56 million a year ago. Net loss for the period was ILS 4.95 million or ILS 0.360 per basic and diluted share compared with net profit of ILS 0.75 million or ILS 0.074 per basic and diluted share a year ago. Cash flows used in operating activities was ILS 1.97 million compared with cash flows provided by operating activities of ILS 4.9 million a year ago. Purchase of property and equipment was ILS 1.4 million compared with ILS 0.24 million a year ago. Investment in intangible assets was ILS 3.5 million compared with ILS 5.7 million a year ago. For the nine months, on parent basis, the company's revenues were ILS 58.7 million compared with ILS 73.5 million a year ago. Total revenues were ILS 82.8 million compared with ILS 98.2 million a year ago. Operating profit was ILS 13.3 million compared with operating profit of ILS 21.5 million a year ago. Loss before tax benefit (taxes on income) was ILS 11.1 million compared with profit of ILS 10.1 million a year ago. Loss for the period attributed to the company’s shareholders was ILS 10.9 million compared with profit of ILS 9.3 million a year ago. Cash flows used in operating activities was ILS 8.7 million compared with ILS 0.52 million a year ago. Purchase of property and equipment was ILS 0.11 million compared with ILS 0.35 million a year ago. Investment in intangible assets was ILS 7.8 million compared with ILS 7.95 million a year ago. For the quarter, on parent basis, the company's revenues were ILS 19.1 million compared with ILS 22.7 million a year ago. Total revenues were ILS 26.5 million compared with ILS 29.6 million a year ago. Operating profit was ILS 2.9 million compared with operating profit of ILS 5.7 million a year ago. Loss before tax benefit (taxes on income) was ILS 5.2 million compared with profit of ILS 0.56 million a year ago. Loss for the period attributed to the company’s shareholders was ILS 4.95 million compared with profit of ILS 0.75 million a year ago. Cash flows used in operating activities was ILS 2.4 million compared with ILS 3.5 million a year ago. Purchase of property and equipment was ILS 0.08 million compared with ILS 0.06 million a year ago. Investment in intangible assets was ILS 2.6 million compared with ILS 2.7 million a year ago.