Stock Market News : Ezion's 3Q earnings sink 69% to US$9 mil on lower revenue .

Ezion Holdings posted a 69.1% decrease in 3Q income to US$9.4 million ($13.2 million), about 33% of the US$30.4 million reported in a similar quarter a year back on lower income. 

Income for the quarter was down 7.4% at US$79.8 million contrasted with US$86.2 million in 3Q15. 

This was mostly because of adjustments and routine class overviews directed on the gathering's administration fixes; a diminishment in sanction rates; and the deferment of the beginning of a client's venture, which brought about the deferral of the sending of a few administration rigs.

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