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Earnings
Magic Software reports Q4 adjusted EPS 21c, consensus 19c » 06:55
03/08/21
03/08
06:55
03/08/21
06:55
MGIC

Magic Software

$15.58 /

+0.03 (+0.19%)

Reports Q4 revenue…

Reports Q4 revenue $104.6M, consensus $94.7M.

ShowHide Related Items >><<
MGIC Magic Software
$15.58 /

+0.03 (+0.19%)

08/17/20 H.C. Wainwright
Magic Software upgraded to Buy from Neutral at H.C. Wainwright
03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
Over a quarter ago
Upgrade
Magic Software upgraded to Buy from Neutral at H.C. Wainwright » 06:13
08/17/20
08/17
06:13
08/17/20
06:13
MGIC

Magic Software

$14.65 /

+0.4 (+2.81%)

H.C. Wainwright analyst…

H.C. Wainwright analyst Kevin Dede upgraded Magic Software Enterprises to Buy from Neutral with a price target of $17, up from $8.50, following last week's results. Magic's financial services and the healthcare consulting business appear to be strengthening, Dede tells investors in a research note. With confirmed guidance, a "solid" load of cash to spend on acquisitions, a rebounding consulting business, and "powerful new software tools on the come," the analyst upgrades the shares to Buy.

ShowHide Related Items >><<
MGIC Magic Software
$14.65 /

+0.4 (+2.81%)

03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
11/15/19 H.C. Wainwright
Magic Software price target raised to $11 from $10 at H.C. Wainwright
MGIC Magic Software
$14.65 /

+0.4 (+2.81%)

MGIC Magic Software
$14.65 /

+0.4 (+2.81%)

On The Fly
Fly Intel: Pre-market Movers » 09:00
08/13/20
08/13
09:00
08/13/20
09:00
AAPL

Apple

$452.23 /

+14.535 (+3.32%)

, PENN

Penn National

$49.75 /

+3.22 (+6.92%)

, BCRX

BioCryst

$3.99 /

+0.045 (+1.14%)

, TPR

Tapestry

$15.57 /

+0.03 (+0.19%)

, RDHL

RedHill Biopharma

$9.18 /

+0.21 (+2.34%)

, GRWG

GrowGeneration

$8.76 /

+0.16 (+1.86%)

, MGIC

Magic Software

$13.27 /

+0.06 (+0.45%)

, DSSI

Diamond S Shipping

$8.65 /

+0.265 (+3.16%)

, VBLT

VBL Therapeutics

$1.31 /

+ (+0.00%)

, VRM

Vroom

$69.34 /

+4.45 (+6.86%)

, CSCO

Cisco

$48.08 /

+0.86 (+1.82%)

, PTON

Peloton

$64.30 /

-0.63 (-0.97%)

, STC

Stewart

$40.94 /

-2.415 (-5.57%)

, IVZ

Invesco

$11.24 /

+0.44 (+4.08%)

Check out this morning's…

ShowHide Related Items >><<
VRM Vroom
$69.34 /

+4.45 (+6.86%)

VBLT VBL Therapeutics
$1.31 /

+ (+0.00%)

TPR Tapestry
$15.57 /

+0.03 (+0.19%)

STC Stewart
$40.94 /

-2.415 (-5.57%)

RDHL RedHill Biopharma
$9.18 /

+0.21 (+2.34%)

PTON Peloton
$64.30 /

-0.63 (-0.97%)

PENN Penn National
$49.75 /

+3.22 (+6.92%)

IVZ Invesco
$11.24 /

+0.44 (+4.08%)

GRWG GrowGeneration
$8.76 /

+0.16 (+1.86%)

DSSI Diamond S Shipping
$8.65 /

+0.265 (+3.16%)

CSCO Cisco
$48.08 /

+0.86 (+1.82%)

BCRX BioCryst
$3.99 /

+0.045 (+1.14%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

08/12/20 Wedbush
Tesla stock split 'a smart strategic move,' says Wedbush
08/11/20 Evercore ISI
Apple underperformance influenced by China smartphone data, says Evercore ISI
08/10/20 Deutsche Bank
Apple price target raised to $480 from $440 at Deutsche Bank
08/10/20 Wedbush
Apple price target raised to $515 from $475 at Wedbush
PENN Penn National
$49.75 /

+3.22 (+6.92%)

08/13/20 Goldman Sachs
Penn National initiated with a Buy at Goldman Sachs
08/07/20 Barclays
Penn National price target raised to $50 from $42 at Barclays
07/30/20 Morgan Stanley
Sports betting unlikely to get legalized in MA this week, says Morgan Stanley
07/29/20 Jefferies
MA Bill H4887 a positive for DraftKings, Penn National, says Jefferies
BCRX BioCryst
$3.99 /

+0.045 (+1.14%)

06/26/20 JMP Securities
BioCryst price target raised to $11 from $10 at JMP Securities
06/16/20 BTIG
BioCryst initiated with a Neutral at BTIG
05/06/20 JMP Securities
BioCryst has potential best-in-class PNH treatment, says JMP Securities
05/06/20 Piper Sandler
BioCryst price target raised to $10 from $8 at Piper Sandler
TPR Tapestry
$15.57 /

+0.03 (+0.19%)

07/27/20
Fly Intel: Top five analyst upgrades
07/27/20 Goldman Sachs
Tapestry upgraded to Buy from Neutral at Goldman Sachs
05/07/20
Fly Intel: Top five analyst upgrades
05/07/20 HSBC
Tapestry upgraded to Buy from Hold at HSBC
RDHL RedHill Biopharma
$9.18 /

+0.21 (+2.34%)

07/07/20 SMBC Nikko
RedHill Biopharma initiated with an Outperform at SMBC Nikko
02/27/20 Roth Capital
RedHill Biopharma price target lowered to $15 from $20.25 at Roth Capital
GRWG GrowGeneration
$8.76 /

+0.16 (+1.86%)

07/17/20 Lake Street
GrowGeneration price target raised to $9 from $7 at Lake Street
07/14/20 Oppenheimer
Oppenheimer bullish on GrowGeneration, initiates with an Outperform
07/14/20 Oppenheimer
GrowGeneration initiated with an Outperform at Oppenheimer
07/08/20 Alliance Global Partners
GrowGeneration price target raised to $10 from $8 at Alliance Global Partners
MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
11/15/19 H.C. Wainwright
Magic Software price target raised to $11 from $10 at H.C. Wainwright
DSSI Diamond S Shipping
$8.65 /

+0.265 (+3.16%)

07/15/20 B. Riley
Diamond S Shipping price target lowered to $21 from $25 at B. Riley FBR
03/30/20 Fearnley
Diamond S Shipping downgraded to Hold from Buy at Fearnley
01/08/20 B. Riley
B. Riley FBR sees another strong year for tanker stocks in 2020
10/10/19 Jefferies
Diamond S Shipping initiated with a Buy rating at Jefferies
VBLT VBL Therapeutics
$1.31 /

+ (+0.00%)

11/14/19 Chardan
VBL Therapeutics upgraded to Buy with $3.25 price target at Chardan
11/14/19 Chardan
VBL Therapeutics upgraded to Buy from Neutral at Chardan
VRM Vroom
$69.34 /

+4.45 (+6.86%)

08/13/20 Wells Fargo
Vroom price target raised to $76 from $65 at Wells Fargo
08/13/20 Wedbush
Vroom price target raised to $80 from $75 at Wedbush
08/13/20 Baird
Baird would be buyers of Vroom amid post-earnings weakness
08/06/20 Wedbush
Carvana price target raised to $170 from $125 at Wedbush
CSCO Cisco
$48.08 /

+0.86 (+1.82%)

08/13/20 JPMorgan
Cisco price target lowered to $46 from $50 at JPMorgan
08/13/20 Barclays
Cisco guidance raises concerns about 'relative resilience,' says Barclays
08/13/20 Morgan Stanley
Cisco valuation likely to lag until more clarity, says Morgan Stanley
08/13/20 RBC Capital
Cisco results in line, but outlook disappoints, says RBC Capital
PTON Peloton
$64.30 /

-0.63 (-0.97%)

08/11/20 Rosenblatt
Nautilus' strong trends a positive for Peloton, says Rosenblatt
07/20/20 Goldman Sachs
Peloton price target raised to $84 from $66 at Goldman Sachs
07/16/20
Fly Intel: Top five analyst downgrades
07/16/20 Barclays
Peloton price target raised to $74 from $50 at Barclays
STC Stewart
$40.94 /

-2.415 (-5.57%)

07/27/20 Keefe Bruyette
Stewart upgraded to Outperform from Market Perform at Keefe Bruyette
04/20/20 Stephens
Stephens ups CoreLogic, downgrades two others in real estate services shake-up
04/08/20 Keefe Bruyette
Stewart upgraded to Market Perform from Underperform at Keefe Bruyette
IVZ Invesco
$11.24 /

+0.44 (+4.08%)

08/13/20 Barclays
Invesco downgraded to Underweight from Equal Weight at Barclays
04/24/20 Citi
Invesco price target lowered to $4.50 from $5.50 at Citi
04/23/20 Keefe Bruyette
Invesco downgraded to Market Perform from Outperform at Keefe Bruyette
04/15/20 Citi
Invesco downgraded to Sell from Neutral at Citi
VRM Vroom
$69.34 /

+4.45 (+6.86%)

VBLT VBL Therapeutics
$1.31 /

+ (+0.00%)

TPR Tapestry
$15.57 /

+0.03 (+0.19%)

STC Stewart
$40.94 /

-2.415 (-5.57%)

RDHL RedHill Biopharma
$9.18 /

+0.21 (+2.34%)

PTON Peloton
$64.30 /

-0.63 (-0.97%)

PENN Penn National
$49.75 /

+3.22 (+6.92%)

MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

IVZ Invesco
$11.24 /

+0.44 (+4.08%)

GRWG GrowGeneration
$8.76 /

+0.16 (+1.86%)

DSSI Diamond S Shipping
$8.65 /

+0.265 (+3.16%)

CSCO Cisco
$48.08 /

+0.86 (+1.82%)

BCRX BioCryst
$3.99 /

+0.045 (+1.14%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

  • 13
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    Jun
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    May
  • 12
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    Nov
  • 26
    Sep
TPR Tapestry
$15.57 /

+0.03 (+0.19%)

PTON Peloton
$64.30 /

-0.63 (-0.97%)

PENN Penn National
$49.75 /

+3.22 (+6.92%)

IVZ Invesco
$11.24 /

+0.44 (+4.08%)

CSCO Cisco
$48.08 /

+0.86 (+1.82%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

VRM Vroom
$69.34 /

+4.45 (+6.86%)

TPR Tapestry
$15.57 /

+0.03 (+0.19%)

PTON Peloton
$64.30 /

-0.63 (-0.97%)

PENN Penn National
$49.75 /

+3.22 (+6.92%)

MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

IVZ Invesco
$11.24 /

+0.44 (+4.08%)

GRWG GrowGeneration
$8.76 /

+0.16 (+1.86%)

CSCO Cisco
$48.08 /

+0.86 (+1.82%)

BCRX BioCryst
$3.99 /

+0.045 (+1.14%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

VRM Vroom
$69.34 /

+4.45 (+6.86%)

TPR Tapestry
$15.57 /

+0.03 (+0.19%)

PTON Peloton
$64.30 /

-0.63 (-0.97%)

PENN Penn National
$49.75 /

+3.22 (+6.92%)

IVZ Invesco
$11.24 /

+0.44 (+4.08%)

GRWG GrowGeneration
$8.76 /

+0.16 (+1.86%)

CSCO Cisco
$48.08 /

+0.86 (+1.82%)

BCRX BioCryst
$3.99 /

+0.045 (+1.14%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

AAPL Apple
$452.23 /

+14.535 (+3.32%)

Earnings
Magic Software reports Q2 non-GAAP EPS 17c, consensus 15c » 06:54
08/13/20
08/13
06:54
08/13/20
06:54
MGIC

Magic Software

$13.27 /

+0.06 (+0.45%)

Reports Q2 revenue…

Reports Q2 revenue $86.5M, consensus $83.96M. CEO Guy Bernstein said: "In spite of the COVID-19 pandemic outbreak in March 2020, our outlook for 2020 has improved due to an increased demand, from existing and new customers, for digital transformation projects, as COVID-19 forced organizations and their employees to adapt to the new forced reality and work environment. We are pleased to witness that our strong and stable financial position, coupled with our constant efforts to become a trusted advisor of the digital transformation market, are paying off, and we will continue to make our best efforts to enhance our portfolio, both organically and through acquisitions in order to offer the best one-stop-shop for digital transformation."

ShowHide Related Items >><<
MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
11/15/19 H.C. Wainwright
Magic Software price target raised to $11 from $10 at H.C. Wainwright
MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

MGIC Magic Software
$13.27 /

+0.06 (+0.45%)

On The Fly
Fly Intel: Pre-market Movers » 09:06
05/26/20
05/26
09:06
05/26/20
09:06
SNY

Sanofi

$47.31 /

-0.18 (-0.38%)

, NVAX

Novavax

$46.14 /

-3.975 (-7.93%)

, MRK

Merck

$76.37 /

-0.17 (-0.22%)

, ARGX

Argenx

$158.26 /

+2.26 (+1.45%)

, HIBB

Hibbett Sports

$19.55 /

+0.57 (+3.00%)

, AMWD

American Woodmark

$60.55 /

+1.345 (+2.27%)

, BAH

Booz Allen

$75.71 /

+0.78 (+1.04%)

, MGIC

Magic Software

$10.05 /

-0.01 (-0.10%)

, PLAN

Anaplan

$51.07 /

+2.12 (+4.33%)

, ONEM

1Life Healthcare

$38.00 /

+0.09 (+0.24%)

, HTZ

Hertz

$2.84 /

-0.215 (-7.04%)

Check out this morning's…

ShowHide Related Items >><<
SNY Sanofi
$47.31 /

-0.18 (-0.38%)

PLAN Anaplan
$51.07 /

+2.12 (+4.33%)

ONEM 1Life Healthcare
$38.00 /

+0.09 (+0.24%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

MRK Merck
$76.37 /

-0.17 (-0.22%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

HIBB Hibbett Sports
$19.55 /

+0.57 (+3.00%)

BAH Booz Allen
$75.71 /

+0.78 (+1.04%)

ARGX Argenx
$158.26 /

+2.26 (+1.45%)

AMWD American Woodmark
$60.55 /

+1.345 (+2.27%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

05/26/20 SVB Leerink
Sanofi overhang removed, Regeneron capital structure improving, says SVB Leerink
05/12/20 Oppenheimer
Novavax price target raised to $38.50 from $19 at Oppenheimer
05/06/20 Oppenheimer
Regeneron price target raised to $625 from $525 at Oppenheimer
04/30/20 Roth Capital
aTyr Pharma '1923 another 'shot on goal' in COVID-19 fight, says Roth Capital
NVAX Novavax
$46.14 /

-3.975 (-7.93%)

05/26/20 B. Riley
Novavax has become a leading COVID vaccine candidate, says B. Riley FBR
05/18/20 B. Riley
Novavax price target raised to $53 from $43 at B. Riley FBR
05/14/20 Ladenburg
Novavax price target raised to $50 from $38 at Ladenburg
05/12/20 B. Riley
Novavax price target raised to $43 from $29 at B. Riley FBR
MRK Merck
$76.37 /

-0.17 (-0.22%)

05/20/20 JonesTrading
Merck collaboration positions Surface Oncology well, says JonesTrading
04/27/20 SVB Leerink
Clovis downgraded to Underperform at SVB Leerink as prostate opportunity fades
04/06/20 Raymond James
NGM Biopharmaceuticals initiated with a Strong Buy at Raymond James
03/23/20 Mizuho
Merck business disruptions have been modest, says Mizuho
ARGX Argenx
$158.26 /

+2.26 (+1.45%)

05/26/20 Stifel
Argenx's results in MG should read through positively for Momenta, says Stifel
05/26/20 Piper Sandler
Argenx price target raised to $258 from $198 at Piper Sandler
05/26/20 Stifel
Argenx should trade up to 'mid-$180 range' after trial success, says Stifel
05/21/20 Credit Suisse
Argenx price target raised to $160 from $150 at Credit Suisse
HIBB Hibbett Sports
$19.55 /

+0.57 (+3.00%)

05/26/20 Baird
Hibbett Sports Q1 comps better than feared, says Baird
03/23/20 Susquehanna
Hibbett Sports not closing stores, Susquehanna downgrades to Neutral
03/23/20 Susquehanna
Hibbett Sports downgraded to Neutral from Positive at Susquehanna
03/20/20 Baird
Hibbett Sports price target lowered to $15 from $32 at Baird
AMWD American Woodmark
$60.55 /

+1.345 (+2.27%)

04/16/20 Baird
American Woodmark downgraded to Neutral at Baird
04/16/20 Baird
American Woodmark downgraded to Neutral from Outperform at Baird
03/03/20 Sidoti
American Woodmark upgraded to Buy from Neutral at Sidoti
01/24/20 Loop Capital
American Woodmark initiated with a Hold at Loop Capital
BAH Booz Allen
$75.71 /

+0.78 (+1.04%)

05/19/20 Wells Fargo
Booz Allen price target raised to $82 from $77 at Wells Fargo
04/20/20
Fly Intel: Top five analyst downgrades
04/20/20 Citi
Booz Allen upgraded to Buy from Neutral at Citi
04/20/20 Goldman Sachs
Booz Allen downgraded to Neutral from Buy at Goldman Sachs
MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
11/15/19 H.C. Wainwright
Magic Software price target raised to $11 from $10 at H.C. Wainwright
PLAN Anaplan
$51.07 /

+2.12 (+4.33%)

05/21/20 RBC Capital
Anaplan price target raised to $55 from $51 at RBC Capital
05/20/20 Mizuho
Mizuho boosts Anaplan target to $50, makes top pick into Software earnings
05/20/20 Wells Fargo
Wells Fargo downgrades Anaplan on 'more difficult near-term setup'
05/20/20 Wells Fargo
Anaplan downgraded to Equal Weight from Overweight at Wells Fargo
ONEM 1Life Healthcare
$38.00 /

+0.09 (+0.24%)

05/14/20 Truist
1Life Healthcare price target raised to $30 from $26 at SunTrust
05/14/20 Wells Fargo
1Life Healthcare price target raised to $23 from $18 at Wells Fargo
05/14/20 Piper Sandler
1Life Healthcare price target raised to $29 from $27 at Piper Sandler
02/25/20 Morgan Stanley
1Life Healthcare initiated with an Overweight at Morgan Stanley
HTZ Hertz
$2.84 /

-0.215 (-7.04%)

05/05/20 Morgan Stanley
2020 may not be quite as bad as feared for used cars, says Morgan Stanley
04/27/20
Fly Intel: Top five analyst downgrades
04/27/20 Barclays
Barclays downgrades Hertz to Underweight on risk of capital call
04/27/20 Barclays
Hertz downgraded to Underweight from Equal Weight at Barclays
SNY Sanofi
$47.31 /

-0.18 (-0.38%)

PLAN Anaplan
$51.07 /

+2.12 (+4.33%)

ONEM 1Life Healthcare
$38.00 /

+0.09 (+0.24%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

MRK Merck
$76.37 /

-0.17 (-0.22%)

MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

HIBB Hibbett Sports
$19.55 /

+0.57 (+3.00%)

BAH Booz Allen
$75.71 /

+0.78 (+1.04%)

AMWD American Woodmark
$60.55 /

+1.345 (+2.27%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

MRK Merck
$76.37 /

-0.17 (-0.22%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

HIBB Hibbett Sports
$19.55 /

+0.57 (+3.00%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

PLAN Anaplan
$51.07 /

+2.12 (+4.33%)

ONEM 1Life Healthcare
$38.00 /

+0.09 (+0.24%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

MRK Merck
$76.37 /

-0.17 (-0.22%)

MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

HIBB Hibbett Sports
$19.55 /

+0.57 (+3.00%)

ARGX Argenx
$158.26 /

+2.26 (+1.45%)

AMWD American Woodmark
$60.55 /

+1.345 (+2.27%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

PLAN Anaplan
$51.07 /

+2.12 (+4.33%)

ONEM 1Life Healthcare
$38.00 /

+0.09 (+0.24%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

MRK Merck
$76.37 /

-0.17 (-0.22%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

Earnings
Magic Software lowers 2020 revenue view $350M-$360M from $360M-$370M » 07:13
05/26/20
05/26
07:13
05/26/20
07:13
MGIC

Magic Software

$10.05 /

-0.01 (-0.10%)

Consensus $348.9M. Due to…

Consensus $348.9M. Due to the COVID-19 pandemic which may cause delays in closing of new deals Magic is slightly revising its fiscal year 2020 guidance issued in February for full year revenues to the range of $350 million to $360 million on a constant currency basis, reflecting annual growth of 7.5% to 10.6%, as compared to its prior range of $360 million to $370 million, overall decreasing the midpoint of its guidance by 2.7%.

ShowHide Related Items >><<
MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

03/26/20 MKM Partners
MKM Partners sees Mortgage Insurers as attractively valued
03/11/20
Fly Intel: Top five analyst downgrades
03/11/20 H.C. Wainwright
Magic Software downgraded to Neutral from Buy at H.C. Wainwright
11/15/19 H.C. Wainwright
Magic Software price target raised to $11 from $10 at H.C. Wainwright
MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

Earnings
Magic Software reports Q1 adj. EPS 19c, consensus 15c » 07:12
05/26/20
05/26
07:12
05/26/20
07:12
MGIC

Magic Software

$10.05 /

-0.01 (-0.10%)

Reports Q1 revenue…

Reports Q1 revenue $85.2M, consensus $81.78M. Guy Bernstein, Chief Executive Officer of Magic Software Enterprises, said: "Magic's first-quarter performance reflects our continued focus on supporting our existing customers and closing of new deals. With COVID-19 global pandemic hitting the world by surprise since early March 2020, we took all the necessary steps to insure our employees are kept safe and productive, while controlling our expenses to properly address the new financial and market challenges. In addition, as part of our continued efforts to improve our financial position and as a testimony of our confidence in our existing operations, during the first quarter we increased our equity interest in Roshtov Software Industries Ltd., by 20.05%, from 60% to 80.05%, and in Comblack IT Ltd., by 10.2%, from 70% to 80.2%. I am confident that the steps we have taken will ensure that Magic will emerge stronger and well positioned for continued growth when global economy recovers."

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MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

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MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

MGIC Magic Software
$10.05 /

-0.01 (-0.10%)

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