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MGIC News and Press, Magic Software Enterprises Ltd. From 03/03/22

Stock Information

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

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MGIC - Magic's Growth Strengthens Asseco Case, But Receivables Are Bloating

We follow Magic Software because it's held by Asseco Poland, one of our favourite Eastern European companies that has sold off over the Russia-Ukraine conflict. It continues to deliver strong organic growth and generate a lot of repeat business. While professional services is grow...

MGIC - Magic Software Enterprises Ltd.'s (MGIC) CEO Guy Bernstein on Q4 2021 Results - Earnings Call Transcript

Magic Software Enterprises Ltd. (MGIC) Q4 2021 Earnings Conference Call March 2, 2022, 10:00 AM ET Company Participants Guy Bernstein - Chief Executive Officer Asaf Berenstin - Chief Financial Officer Yuval Lavi - Chief Technology Officer Conference Call Participants Chris Reimer - Barclays T...

MGIC - Magic Software Non-GAAP EPS of $0.26 beats by $0.01, revenue of $133M beats by $12.75M

Magic Software press release (NASDAQ:MGIC): Q4 Non-GAAP EPS of $0.26 beats by $0.01. Revenue of $133M (+27.2% Y/Y) beats by $12.75M. The company is providing revenue guidance for 2022 of between $535 million to $545 million vs consensus of $509.70M, reflecting annual growth of 11.5%...

MGIC - Magic Software Reports Fourth Quarter and Full Year 2021 Financial Results with Record-Breaking Annual Revenues of $480.3 Million Reflecting 29.4% Year Over Year Growth

Operating income for the year increased 26.2% year over year to a record breaking $51.2 million; Non-GAAP operating income for the year increased 27% year over year to a record-breaking $66.8 million Or Yehuda, Israel, March 02, 2022 (GLOBE NEWSWIRE) -- Magic Software Enterprises Lt...

MGIC - Magic Software Q4 2021 Earnings Preview

Magic Software (NASDAQ:MGIC) is scheduled to announce Q4 earnings results on Wednesday, March 2nd, before market open. The consensus EPS Estimate is $0.25 (+19.0% Y/Y) and the consensus Revenue Estimate is $120.25M (+15.0% Y/Y). Over the last 2 years, MGIC has beaten EPS estimates 88% of the ...

MGIC - Notable earnings before Wednesday's open

AMRX,ANF,OTCPK:ARNGF,ARVL,BWEN,DCI,DIN,DLTR,DY,GRUB,GSL,ICPT,INSW,INVZ,JNCE,MGIC,PDCO,PSFE For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Wednesday's open

MGIC - Magic Software Continues To Deliver Growth, But Consulting Model Exposed To Human Capital Risks

Magic Software continues to benefit from the digitalisation boom and the boom in M&A, where IT integration services, especially for the cloud, become necessary. While Magic's organic performance continues to impress us, we use this note to focus on the fact that 80% of Magic's rev...

MGIC - 2 Small-Cap Software Stocks Rated Strong Buy in the POWR Ratings

The rapid technological advancements and digital transformation over the past 18 months have propelled the software industry’s growth. And the continuing hybrid working environment and growing need to improve business processes should help the industry continue growing. Therefore, we b...

MGIC - Is Fastly a Good Content Delivery Network and Security Software Stock to Own?

Content delivery network and software company Fastly (FSLY) reported revenue growth of nearly 23% in its last reported quarter. However, its stock is currently trading near its 52-week low of $33.55. So, let’s find out if it is wise to add the stock to one’s portfolio now even t...

MGIC - Magic Software Enterprises Ltd.'s (MGIC) CEO Guy Bernstein on Q3 2021 Results - Earnings Call Transcript

Magic Software Enterprises Ltd. (MGIC) Q3 2021 Earnings Conference Call November 15, 2021, 10:00 AM ET Company Participants Guy Bernstein - Chief Executive Officer Asaf Berenstin - Chief Financial Officer Yuval Lavi - Vice President, of Technology and Innovation Conference Call Participants M...

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