Retrieved on:
Wednesday, March 13, 2024
Measured against Magic Software’s annualized 2023 fourth quarter revenue on a go-forward basis, the 2024 annual revenue guidance reflects an annual growth of 7.5% to 9.5%.
Key Points:
- Measured against Magic Software’s annualized 2023 fourth quarter revenue on a go-forward basis, the 2024 annual revenue guidance reflects an annual growth of 7.5% to 9.5%.
- Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
- These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company’s board of directors.
- Reconciliation of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included in the financial tables of this release.
Retrieved on:
Wednesday, February 28, 2024
Or Yehuda, Israel, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and low-code application development platforms, announced today that it will report its financial results for the fourth quarter and full year 2023 on Wednesday, March 13th ,2024.
Key Points:
- Or Yehuda, Israel, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and low-code application development platforms, announced today that it will report its financial results for the fourth quarter and full year 2023 on Wednesday, March 13th ,2024.
- Management will host a conference call on Wednesday, March 13th, 2024 at 11:00 a.m. Eastern Daylight Time (17:00 p.m. Israel Daylight Time) to review and discuss Magic’s results.
- Please call the following numbers (at least 5 minutes before the scheduled time) in order to participate:
If you are unable to join live, a replay of the call will be available on the company’s website, www.magicsoftware.com .
Retrieved on:
Tuesday, November 14, 2023
Acquisition,
Research,
Bank statement,
Exercise,
Magic Software Enterprises,
Magic,
GAAP,
Judgement,
Growth,
Cryptocurrency,
Bank,
Commercial property,
Bookkeeping Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
Key Points:
- Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
- These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company’s board of directors.
- Magic Software urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.
- Reconciliation of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included in the financial tables of this release.
Retrieved on:
Wednesday, November 8, 2023
Shekel,
Hamas,
Magic Software Enterprises,
GAAP,
NIS,
Exercise,
Judgement,
Magic,
Bank statement,
TASE,
Health Management Associates (Florida company),
MGIC,
Beauty salon,
Video game,
Bank Or Yehuda, Israel, Nov. 08, 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, today provided certain selected preliminary unaudited financial results for the third quarter ended September 30, 2023.
Key Points:
- Company will announce results for the third quarter of 2023 on November 14, 2023
Or Yehuda, Israel, Nov. 08, 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, today provided certain selected preliminary unaudited financial results for the third quarter ended September 30, 2023.
- Magic Software’s management will host a conference call on Tuesday, November 14, 2023, at 9:00 am Eastern Standard Time (16:00 Israel time) to review and discuss Magic Software’s third quarter 2023 results.
- Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
- Magic Software urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.
Exercise,
Health Management Associates (Florida company),
Bank statement,
Policy,
GAAP,
Research,
Judgement,
Acquisition,
Magic Software Enterprises,
Holding company,
Cryptocurrency,
Security (finance),
Bank,
Magic OR YEHUDA, Israel, Aug. 14, 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 financial results for the second quarter ended June 30, 2023.
Key Points:
- Guy Bernstein, Chief Executive Officer of Magic Software, said: “Revenue in the second quarter of 2023 amounted to $137.6 million, up 0.4% from the second quarter of 2022.
- Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
- These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company’s board of directors.
- Magic Software urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.
Exercise,
Health Management Associates (Florida company),
Bank statement,
GAAP,
Research,
Judgement,
Acquisition,
Magic Software Enterprises,
Growth,
Development,
Cryptocurrency,
Security (finance),
Bank,
Magic Guy Bernstein, Chief Executive Officer of Magic Software, said: “Magic delivered a solid first quarter, with revenues increasing year-over-year by 3% (8% on a constant currency basis)” stated Guy Berenstein, CEO of Magic.
Key Points:
- Guy Bernstein, Chief Executive Officer of Magic Software, said: “Magic delivered a solid first quarter, with revenues increasing year-over-year by 3% (8% on a constant currency basis)” stated Guy Berenstein, CEO of Magic.
- Magic Software believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Magic Software’s financial condition and results of operations.
- These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company’s board of directors.
- Magic Software urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.
Acquisition,
International Accounting Standards Committee,
International,
Research,
Judgement,
Annual report,
Growth,
International Accounting Standards Board,
Exercise,
Health Management Associates (Florida company),
GAAP,
Organization,
Bank statement,
Magic,
Magic Software Enterprises,
Policy,
Holding company,
Cryptocurrency,
Security (finance),
Bank Operating income for the year increased by 19.8% to a record-breaking $61.4 million compared to $51.2 million last year.
Key Points:
- Operating income for the year increased by 19.8% to a record-breaking $61.4 million compared to $51.2 million last year.
- Non-GAAP operating income for the year increased by 11.0% to a record-breaking $74.1 million compared to $66.8 million last year.
- Guy Bernstein, Chief Executive Officer of Magic Software, said: “I am very proud of our fourth quarter and full year achievements.
- This press release contains the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP operating income, non-GAAP net income attributable to Magic Software’s shareholders and non-GAAP basic and diluted earnings per share.
Retrieved on:
Monday, November 14, 2022
Retrieved on:
Thursday, August 11, 2022
Risk,
U.S. Securities and Exchange Commission,
Mission statement,
NASDAQ,
TASE,
MGIC,
Magic Software Enterprises,
Annual report,
Security (finance),
Technology,
GLOBE,
Magic Key Points:
- The annual report is available on the Companys website (www.magicsoftware.com).
- Shareholders may receive a hard copy of the annual report free of charge upon request.
- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) is a global provider of mobile and cloud-enabled application and business integration platforms.
- Magic is a registered trademark of Magic Software Enterprises Ltd. All other product and company names mentioned herein are for identification purposes only and are the property of, and might be trademarks of, their respective owners.
