Magic Software: Q1 Earnings Snapshot

Magic Software: Q1 Earnings Snapshot

OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Magic Software Enterprises Ltd. (MGIC) on Wednesday reported earnings of $9.5 million in its first quarter. On a per-share basis, the Or Yehuda, Israel-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs, were 25 cents per share. The business process integration software company posted revenue of $147.3 million in the period. Magic Software expects full-ye…

Magic Software Reports Strong Q1 Growth: Revenue Up 12.7%, Israeli Market Expands, US Recovery Emerges

Magic Software posts 12.7% revenue growth, expands Israeli presence, and sees US market recovery. Dive into Q1 earnings details and updated 2025 guidance. See full results.