Magic Software Enterprises

Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. It operates through Software Services and IT Professional Services segments. The Software Services segment includes proprietary and non-proprietary software technology and complementary services. The IT Professional Services segment offers services in the areas of infrastructure design and delivery; application development; technology planning and implementation services; communications services and solutions; and supplemental staffing services. The company was founded by David Assia on February 10, 1983 and is headquartered in Or Yehuda, Israel.

Earnings data Q3 2023

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Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q2 2023 Earnings Conference Call August 14, 2023 9:00 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 Maggie Nolan - William Blair Operator Ladies and gentlemen, thank you for standing by.

Magic Software Enterprises Ltd. (MGIC) Q2 2023 Earnings Call Transcript

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 period of the previous year.

Magic Software Reports Second Quarter 2023 Financial Results

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Redfin's stock has risen 83% year-to-date, however, the company is expected to lose $1.19 per share this year, and $0.99 per share next year. MGIC, a housing stock, is expected to earn $2.14 per share this year and $2.24 per share next year, making it a more attractive investment according to the author. Despite Redfin's high web traffic and market share, the company's earnings losses and negative book value make it a less appealing investment compared to MGIC.

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Magic Software Enterprises Ltd. (NASDAQ: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 Chris Reimer - Barclays Maggie Nolan - William Blair Mike Silver - Kensington Capital Corp Operator Welcome to Magic Software Enterprises 2023 First Financial Results Conference Call.

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

Magic Software (MGIC) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago.

Magic Software (MGIC) Lags Q1 Earnings and Revenue Estimates

Revenues for the first quarter of 2023 increased by approximately 3% to a record-breaking first quarter result of $142.4 million, compared to $138.7 million in the same period of the previous year Revenues for the first quarter of 2023 increased by approximately 3% to a record-breaking first quarter result of $142.4 million, compared to $138.7 million in the same period of the previous year

Magic Software Reports First Quarter 2023 Financial Results

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Magic Software (MGIC) delivered earnings and revenue surprises of 7.69% and 2.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Q4 Earnings and Revenues Surpass Estimates

Net income for the year increased by 38.6% year over year to a record-breaking result of $40.7 million; non-GAAP net income for the year increased by 13% year over year to a record-breaking result of $52.0 million Net income for the year increased by 38.6% year over year to a record-breaking result of $40.7 million; non-GAAP net income for the year increased by 13% year over year to a record-breaking result of $52.0 million

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)

Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q4 2022 Earnings Conference Call March 9, 2023 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 Kate Cranston - William Blair Operator Ladies and gentlemen, thank you for standing by.

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

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Are Investors Undervaluing Magic Software Enterprises (MGIC) Right Now?

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Magic Software Enterprises Ltd. (NASDAQ: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 Conference Call Participants Chris Reimer - Barclays Bank PLC Operator Welcome to Magic Software Enterprises' 2022 Third Quarter Financial Results Conference Call.

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

Magic Software (MGIC) delivered earnings and revenue surprises of 3.70% and 9.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Q3 Earnings and Revenues Top Estimates

Operating income for the third quarter increased by 34% year-over-year to a record-breaking result of $16.1 million; Non-GAAP operating income for the third quarter increased by 14% year-over-year to a third quarter record-breaking result of $18.5 million Operating income for the third quarter increased by 34% year-over-year to a record-breaking result of $16.1 million; Non-GAAP operating income for the third quarter increased by 14% year-over-year to a third quarter record-breaking result of $18.5 million

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

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Magic Software Enterprises Ltd. (NASDAQ: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 - Barclays Maggie Nolan - William Blair Operator Ladies and gentlemen, thank you for standing by.

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

Magic Software (MGIC) delivered earnings and revenue surprises of -11.11% and 4.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Q2 Earnings Miss Estimates

Operating income for the second quarter increased by 16% year over year to a record second quarter result of $14.7 million; Non-GAAP operating income for the second quarter increased by 10% year over year to a record second quarter result of $17.6 million Operating income for the second quarter increased by 16% year over year to a record second quarter result of $14.7 million; Non-GAAP operating income for the second quarter increased by 10% year over year to a record second quarter result of $17.6 million

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

Magic Software (MGIC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Magic Software (MGIC) Upgraded to Buy: Here's What You Should Know

Magic Software Announces Filing of 2021 Annual Report

News for Magic Software Enterprises Stock (MGIC)