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MGIC News and Press, Magic Software Enterprises Ltd. From 08/14/23

Stock Information

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

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MGIC - Magic Software Non-GAAP EPS of $0.28 beats by $0.02, revenue of $137.58M misses by $4.72M

2023-08-14 06:45:19 ET Magic Software press release ( NASDAQ: MGIC ): Q2 Non-GAAP EPS of $0.28 beats by $0.02 . Revenue of $137.58M (+0.4% Y/Y) misses by $4.72M . Magic is lowering its 2023 annual revenue guidance range from $585 - $593 million to $570 - $580 m...

MGIC - Magic Software Reports Second Quarter 2023 Financial Results

Revenues for the second quarter of 2023 increased by approximately 0.4 % to a record-breaking second quarter result of $ 137 . 6 million and 4.4% on a constant currency basis , compared to $ 137 . 0 million in the same pe...

MGIC - Magic Software: M&A Deals May Not Come Through As Hoped

2023-08-07 15:21:43 ET Summary MGIC has resilient end markets and is likely to keep putting in stable performances in the upcoming quarters. The price has languished, and the multiple has started turning lower. FX effects have hit headline figures, but underlying business momentum...

MGIC - Magic Software Enterprises Sees Slower Growth In 2023

2023-05-25 15:54:40 ET Summary Magic Software Enterprises reported its Q1 2023 financial results on May 18, 2023. The firm provides outsourced IT software development and related services to organizations worldwide. Management has guided to relatively slow revenue growth in 20...

MGIC - Magic Software Enterprises Ltd. (MGIC) Q1 2023 Earnings Call Transcript

2023-05-18 11:34:11 ET Magic Software Enterprises Ltd. (MGIC) Q1 2023 Earnings Conference Call May 18, 2023, 10:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Conference Call Participants Chr...

MGIC - Magic Software Non-GAAP EPS of $0.26 misses by $0.02, revenue of $142.4M misses by $1M

2023-05-18 06:36:57 ET Magic Software press release ( NASDAQ: MGIC ): Q1 Non-GAAP EPS of $0.26 misses by $0.02 . Revenue of $142.4M (+2.7% Y/Y) misses by $1M . Magic is reiterating 2023 annual revenue guidance of between $585 million and $593 million, reflectin...

MGIC - Magic Software Reports First Quarter 2023 Financial Results

OR YEHUDA, Israel, May 18, 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 fin...

MGIC - Magic Software Q1 2023 Earnings Preview

2023-05-17 13:29:19 ET Magic Software ( NASDAQ: MGIC ) is scheduled to announce Q1 earnings results on Thursday, May 18th, before market open. The consensus EPS Estimate is $0.28 (+7.7% Y/Y) and the consensus Revenue Estimate is $143.4M (+3.4% Y/Y). Over the last 2 yea...

MGIC - 7 Stocks to Buy to Bag Big-Time Returns in Q2

2023-04-16 14:01:23 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re the type that runs toward danger, these stocks to buy may be right for you. To facilitate mobility, the enterprises on this list feature a market capitalization between $500 mi...

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...

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