Magic Software Enterprises Ltd. (TLV: MGIC)

Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
4,032.00
+24.00 (0.60%)
Sep 12, 2024, 5:24 PM IDT
-9.27%
Market Cap 2.10B
Revenue (ttm) 1.93B
Net Income (ttm) 131.88M
Shares Out n/a
EPS (ttm) 2.66
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Jun 27, 2024
Volume 22,245
Open 4,008.00
Previous Close 4,008.00
Day's Range 3,990.00 - 4,058.00
52-Week Range 2,945.00 - 4,769.00
Beta 1.07
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About MGIC

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. The company’s IT Professional Services segment offers IT services in the areas of infrastructure design and deliv... [Read more]

Sector Technology
Founded 1983
Employees 3,628
Stock Exchange Tel Aviv Stock Exchange
Ticker Symbol MGIC
Full Company Profile

Financial Performance

In 2023, MGIC's revenue was $535.05 million, a decrease of -5.60% compared to the previous year's $566.79 million. Earnings were $37.03 million, a decrease of -8.50%.

Financial numbers in USD Financial Statements

News

Magic Software Enterprises Ltd (MGIC) Shares Up 4.39% on Sep 10

Magic Software Enterprises Ltd (MGIC) Shares Up 4.39% on Sep 10

3 days ago - GuruFocus

Magic Software Enterprises Ltd. (MGIC) Q2 2024 Earnings Call Transcript

Magic Software Enterprises Ltd. (NASDAQ:NASDAQ:MGIC) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ETCompany ParticipantsAsaf Berenstin - CFOGuy...

4 weeks ago - Seeking Alpha

Magic Software Non-GAAP EPS of $0.24, revenue of $136.3M

Magic Software reports Q2 Non-GAAP EPS of $0.24 and revenue of $136.3M in their financial results for the first half of 2024.

4 weeks ago - Seeking Alpha

Magic Software Reports Second Quarter and First Half 2024 Financial Results

OR YEHUDA, Israel, Aug. 14, 2024 (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...

4 weeks ago - GlobeNewsWire

Magic Software Q2 2024 Earnings Preview

Read about Magic Software's upcoming Q2 earnings announcement on August 14th and consensus EPS and revenue estimates, along with recent trends.

4 weeks ago - Seeking Alpha

Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024

Or Yehuda, Israel, July 22, 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 applic...

7 weeks ago - GlobeNewsWire

Magic Software Enterprises Ltd. (MGIC) Q1 2024 Earnings Call Transcript

Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q1 2024 Earnings Conference Call May 16, 2024 10:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive O...

4 months ago - Seeking Alpha

CORRECTION: Magic Software Reports First Quarter 2024 Financial Results

OR YEHUDA, Israel, May 16, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), please note that the company h...

4 months ago - GlobeNewsWire

Magic Software Reports First Quarter 2024 Financial Results

OR YEHUDA, Israel, May 16, 2024 (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 ...

4 months ago - GlobeNewsWire

Melanie McFaddin with Wiley Bros – Aintree Capital &Partners, LLC Represents Theoris, Inc. in its Acquisition by CoreTech Consulting Group, LLC

NASHVILLE, Tenn.--(BUSINESS WIRE)--Melanie McFaddin, representative of Wiley Bros – Aintree Capital &Partners, LLC (“WBAC”) is pleased to announce its representation of Theoris, Inc. (“Theoris” and th...

5 months ago - Business Wire

Magic Software Enterprises Ltd. (MGIC) Q4 2023 Earnings Call Transcript

Magic Software Enterprises Ltd. (MGIC) Q4 2023 Earnings Call Transcript

6 months ago - Seeking Alpha

Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results

OR YEHUDA, Israel, March 13, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration an...

6 months ago - GlobeNewsWire

Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 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 applic...

7 months ago - GlobeNewsWire

56 Delicious December Value Buys From Ben Graham's Formula

"Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 70 December Value large caps...

10 months ago - Seeking Alpha

Magic Software Enterprises Ltd. (MGIC) Q3 2023 Earnings Call Transcript

Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q3 2023 Earnings Conference Call November 14, 2023 9:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executi...

10 months ago - Seeking Alpha

Magic Software Reports Third Quarter 2023 Financial Results

OR YEHUDA, Israel, Nov. 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...

10 months ago - GlobeNewsWire

MAGIC SOFTWARE ANNOUNCES SELECTED PRELIMINARY THIRD QUARTER 2023 FINANCIAL RESULTS

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 “Comp...

11 months ago - GlobeNewsWire

Magic Software: A Cheap IT Pick With A High Dividend Yield

Magic Software Enterprises is an IT product and solutions provider with a history of growth through small acquisitions. The stock has a low forward P/E ratio of 9.2 and a high dividend yield of 6.40%....

11 months ago - Seeking Alpha

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

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...

1 year ago - Seeking Alpha

Magic Software Reports Second Quarter 2023 Financial Results

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 ...

1 year ago - GlobeNewsWire

Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations

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...

1 year ago - Seeking Alpha

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

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 O...

1 year ago - Seeking Alpha

Magic Software Reports First Quarter 2023 Financial Results

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 Rev...

1 year ago - GlobeNewsWire

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)

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 ...

1 year ago - GlobeNewsWire

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

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 ...

1 year ago - Seeking Alpha