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MGIC News and Press, Magic Software Enterprises Ltd. From 03/21/23

Stock Information

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

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MGIC - 3 Stocks That Are Long Overdue to Take Off

2023-03-21 06:45:12 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The wavering market is setting up potential breakout stocks for savvy investors. The S&P 500 exchange-traded fund (NYSE: SPY ) retreated from its Feb. 2023 peak to gain only 1.9...

MGIC - March Madness: Final Four Investing Bracket 2023

2023-03-18 01:44:45 ET Summary The first and original spin on stock market investing meshed with the thrill of the NCAA March Madness tournament! Which "team" (Asset Class) wins out the rest of 2023? Will active or passive be the answer? March Madness is back! No...

MGIC - Magic Software Should See Improved Cash Flow And Tailwinds From Labour Shortage

2023-03-10 16:13:45 ET Summary Often subcontracted, which is a better alternative to lead contractors than hiring more people nowadays, positions them generally well in a strong labour market. Their constant currency growth does not show an alarming change in growth profile, owing...

MGIC - Magic Software Reports Fourth Quarter and Full Year 2022 Financial Results with Record-Breaking Full Year 2022 Results Recorded Across All Key Financial Indices (Revenues, Gross Profit, Operating Income and Net Income)

OR YEHUDA, Israel, March 09, 2023 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its f...

MGIC - Magic Software Enterprises Ltd. (MGIC) Q4 2022 Earnings Call Transcript

2023-03-09 12:30:04 ET Magic Software Enterprises Ltd. (MGIC) Q4 2022 Earnings Conference Call March 09, 2023, 10:00 AM ET Company Participants Guy Bernstein - Chief Executive Officer Asaf Berenstin - Chief Financial Officer Yuval Lavi - Chief Technology Officer ...

MGIC - Magic Software beats Q4 top and bottom line estimates; initiates FY23 outlook

2023-03-09 09:39:43 ET Magic Software press release ( NASDAQ: MGIC ): Q4 Non-GAAP EPS of $0.28 beats by $0.03 . Revenue of $147.1M (+10.6% Y/Y) beats by $4.1M . Non-GAAP operating income for the fourth quarter of 2022 decreased by 2.9% to $19.2 million, compare...

MGIC - Magic Software Q4 2022 Earnings Preview

2023-03-08 11:50:39 ET Magic Software ( NASDAQ: MGIC ) is scheduled to announce Q4 earnings results on Thursday, March 9th, before market open. The consensus EPS Estimate is $0.25 (-3.8% Y/Y) and the consensus Revenue Estimate is $143M (+7.5% Y/Y). Over the last 2 year...

MGIC - Formula Systems Likely To See A Deceleration But Is Still Cheap

Summary Formula Systems is a holding company comprised of income from Israeli and US tech and IT businesses, Sapiens International, Magic Software, and Matrix. There are substantial non-controlling interests because they have technical control without dominating ownership, so to keep it...

MGIC - Magic Software Enterprises Ltd. (MGIC) Q3 2022 Earnings Call Transcript

Magic Software Enterprises Ltd. (MGIC) Q3 2022 Earnings Conference Call November 14, 2022 10:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Yuval Lavi - Vice President of Technology and innovation ...

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...

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