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MGIC News and Press, Magic Software Enterprises Ltd. From 11/14/22

Stock Information

Company Name: Magic Software Enterprises Ltd.
Stock Symbol: MGIC
Market: NASDAQ
Website: magicsoftware.com

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MGIC - Magic Software reports Q3 earnings beat; raises FY22 guidance

Magic Software press release ( NASDAQ: MGIC ): Q3 Non-GAAP EPS of $0.28 beats by $0.02 . Revenue of $143.96M (+19.1% Y/Y) beats by $12.26M . As of September 30, 2022, Magic Software’s net cash, cash equivalents, short and long-term bank deposits and mark...

MGIC - Magic Software Reports Third Quarter 2022 Financial Results with Record Breaking Revenues of $144 Million, Reflecting a 19% Year-Over-Year Growth. Net income reached a record-breaking $11.5 Million, Reflecting 53% Year-Over-Year Growth

OR YEHUDA, Israel, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (Nasdaq and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the&...

MGIC - Magic Software Q3 2022 Earnings Preview

Magic Software ( NASDAQ: MGIC ) is scheduled to announce Q3 earnings results on Monday, November 14th, before market open. The consensus EPS Estimate is $0.26 (+8.3% Y/Y) and the consensus Revenue Estimate is $131.7M (+8.9% Y/Y). Over the last 2 years, MGIC has beate...

MGIC - The Return On Equity Approach

Summary Return on equity (ROE) may help to reveal profitable firms, but does Wall Street reward the stock prices of these firms? Warren Buffett considers it a positive sign when a company is able to earn above-average returns on equity. Return on equity can be simply stated as...

MGIC - Magic Software goes ex-dividend on Monday

Magic Software ( NASDAQ: MGIC ) had declared $0.29/share semi-annual dividend , 34.3% increase from prior dividend of $0.22. Payable Sept. 13; for shareholders of record Aug. 30; ex-div Aug. 29. See MGIC Dividend Scorecard, Yield Chart, & Dividend Growth. ...

MGIC - Magic Software Continues Organic Growth, Risks Enterprise Tech Reckoning

Magic Software continues to post great inorganic growth with strength in healthcare and defense. Our concern is over the receivables still, where credit terms might have been loosened. Cash flows are down, but the markets still appear healthy for enterprise tech. Magic S...

MGIC - Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q2 2022 Results - Earnings Call Transcript

Magic Software Enterprises Ltd. (MGIC) Q2 2022 Earnings Conference Call August 11, 2022, 10:00 AM ET Company Participants Guy Bernstein - CEO Asaf Berenstin - CFO Yuval Lavi - VP, Technology and Innovation Conference Call Participants Tavy Rosner - Ba...

MGIC - Magic Software GAAP EPS of $0.16 misses by $0.07, revenue of $136.98M beats by $5.28M

Magic Software press release ( NASDAQ: MGIC ): Q2 GAAP EPS of $0.16 misses by $0.07 . Revenue of $136.98M (+15.0% Y/Y) beats by $5.28M . Shares -0.61% PM. For further details see: Magic Software GAAP EPS of $0.16 misses by $0.07, revenue of $136.9...

MGIC - Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth

OR YEHUDA, Israel, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd . ( NASDAQ and TASE: MGIC ), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced tod...

MGIC - Magic Software Q2 2022 Earnings Preview

Magic Software ( NASDAQ: MGIC ) is scheduled to announce Q2 earnings results on Thursday, August 11th, before market open. The consensus EPS Estimate is $0.27 (+17.4% Y/Y) and the consensus Revenue Estimate is $131.7M (+10.5% Y/Y). Over the last 2 years, MGIC has bea...

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