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 Q1 2024

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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

Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q1 2022 Earnings Conference Call May 12, 2022 10:00 AM ET Company Participants Guy Bernstein - Chief Executive Officer Asaf Berenstin - Chief Financial Officer Yuval Lavi - Vice President, Technology and Innovation Conference Call Participants Tavy Rosner - Barclays Operator Welcome to Magic Software Enterprises 2022 First Quarter Financial Results Conference Call.

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q1 2022 Results - Earnings Call Transcript

Magic Software (MGIC) delivered earnings and revenue surprises of 8.33% and 7.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Beats Q1 Earnings and Revenue Estimates

Operating income for the first quarter increased 31% year over year to a record breaking $15.9 million; Non-GAAP operating income for the first quarter increased 26% year over year to a record-breaking first quarter result of $18.9 million Operating income for the first quarter increased 31% year over year to a record breaking $15.9 million; Non-GAAP operating income for the first quarter increased 26% year over year to a record-breaking first quarter result of $18.9 million

Magic Software Reports First Quarter 2022 Financial Results with Record-Breaking Revenues of $138.7 Million, Reflecting 29.3% Year Over Year Growth

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

Magic Software (MGIC) delivered earnings and revenue surprises of 0% and 5.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Meets Q4 Earnings Estimates

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

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

Magic Software Enterprises (MGIC) has been struggling lately, but the selling pressure may be coming to an end soon.

Magic Software Enterprises (MGIC) Sees Hammer Chart Pattern: Time to Buy?

Magic Software (MGIC) could produce exceptional returns because of its solid growth attributes.

Is Magic Software (MGIC) a Solid Growth Stock? 3 Reasons to Think " Yes "

Magic Software (MGIC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Magic Software (MGIC) Should Keep going

Magic Software (MGIC) delivered earnings and revenue surprises of 14.29% and 6.97%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Beats Q3 Earnings and Revenue Estimates

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

Operating income for the third quarter increased 9% year over year to $12.0 million; Non-GAAP operating income for the third quarter increased 14% year over year to a record-breaking $16.2 million

Magic Software Reports Third Quarter 2021 Financial Results with Record-Breaking Revenues of $120.9 million - a 27.4% Year Over Year Increase

Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magic Software (MGIC) to Report Q3 Results: Wall Street Expects Earnings Growth

As part of Asseco's Formula Systems assets, Magic Software has delivered soundly in their businesses with over 20% in organic revenue growth. With exposure to business transformation initiatives, related substantially to acquisition activity, Magic is likely to continue to deliver.

Magic Software Enterprises: Benefits From Durable M&A, Digitalization And Logistics Strength

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q2 2021 Results - Earnings Call Transcript

Magic Software (MGIC) delivered earnings and revenue surprises of 9.52% and 11.20%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Beats Q2 Earnings and Revenue Estimates

The shares of Magic Software Enterprises Ltd. (NASDAQ: MGIC) increased by over 9% pre-market.

Magic Software Increases Over 9% Pre-Market: Why It Happened

Operating Income for the second quarter increased 29% year over year to $12.7 million; Non-GAAP operating income for the second quarter increased 30% year over year to $15.9 million

Magic Software Reports Second Quarter 2021 Financial Results with Record-Breaking Revenues for The Second Quarter of $119.2 million - a 37.7% Year Over Year Increase

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