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Formula Systems (1985) Ltd. (FORTY)

NASDAQ: FORTY · IEX Real-Time Price · USD
119.03
-1.66 (-1.38%)
At close: Dec 8, 2021 4:00 PM
121.76
2.73 (2.29%)
After-hours:Dec 8, 2021 4:00 PM EST
Market Cap1.82B
Revenue (ttm)1.93B
Net Income (ttm)46.78M
Shares Out15.29M
EPS (ttm)3.27
PE Ratio36.45
Forward PEn/a
Dividend$1.23 (1.03%)
Ex-Dividend DateAug 31, 2021
Volume4,447
Open120.50
Previous Close120.69
Day's Range118.99 - 122.00
52-Week Range75.30 - 142.00
Beta0.42
Analystsn/a
Price Targetn/a
Earnings DateNov 17, 2021

About FORTY

Formula Systems (1985) Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services in Israel and internationally. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; database and big data services; customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, applica...

IndustryIT Services
IPO DateOct 21, 1997
CEOGuy Bernstein
Employees15,101
Stock ExchangeNASDAQ
Ticker SymbolFORTY
Full Company Profile

Financial Performance

Financial Statements

News

Formula Systems Reports Third Quarter 2021 Financial Results

Or Yehuda, Israel, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in pro...

2 weeks ago - GlobeNewsWire

Formula Systems Clocks 35% Revenue Growth In Q2

Formula Systems (1985) Ltd (NASDAQ: FORTY) reported second-quarter FY21 revenue growth of 34.5% year-on-year to $587.9 million. Segments: As of June 30, 2021, Formula held 48.9%, 43.9%, 45.5%, 100%, 50%...

3 months ago - Benzinga

Formula Systems Reports Second Quarter 2021 Financial Results: Record-Breaking Results with Double Digit Growth Acros...

OR YEHUDA, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in pro...

3 months ago - GlobeNewsWire

Formula Systems Clocks Record Q1 Earnings

Formula Systems (1985) Ltd (NASDAQ: FORTY) reported first-quarter FY21 revenue growth of 22.8% year-on-year to $572.6 million. Gross margin remained stable at 22%.

6 months ago - Benzinga

Formula Systems Reports First Quarter 2021 Financial Results: Record-Breaking Results With Double Digit Growth Across...

OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in prov...

6 months ago - GlobeNewsWire

Formula Systems Reports Fourth Quarter and full year 2020 Financial Results with Annual Net Income of $46.8 million, ...

The results for the fourth quarter and for the full year 2020 reflect double digit growth in revenues, gross profit, operating income and net income. The results for the fourth quarter and for the full ...

8 months ago - GlobeNewsWire

Sapiens Reports Q4 and Full Year 2020 Financial Results

HOLON, Israel, Feb. 25, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member of t...

Other symbols:SPNS
9 months ago - PRNewsWire

Formula Systems Reports Third Quarter 2020 Financial Results

Operating income for the third quarter increased by 23% year-over-year to a record breaking $45.4 million. Net income attributable to Formula's Shareholders for the third quarter increased by 29% year-o...

1 year ago - GlobeNewsWire

Sapiens Reports Third Quarter 2020 Financial Results

HOLON, Israel, Nov. 5, 2020 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member of th...

Other symbols:SPNS
1 year ago - PRNewsWire

Formula Systems Reports Second Quarter and First Half 2020 Financial Results

Operating income for the second quarter increased 24% year-over-year to a record breaking $40.7 million. Net income attributable to Formula’s Shareholders for the second quarter increased 24% year-over-...

1 year ago - GlobeNewsWire

Sapiens Reports Second Quarter 2020 Financial Results

HOLON, Israel, Aug. 4, 2020 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member o...

1 year ago - PRNewsWire

Formula Systems Files Annual Report On Form 20-F For The Year Ended December 31, 2019

Or Yehuda, Israel, June 29, 2020 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd.  ( NASDAQ: FORTY ), a global information technology holding company engaged, through its subsidiaries and affiliates, ...

1 year ago - GlobeNewsWire

Formula Systems Acquires 70% of Liram Financial Software Ltd.

The acquisition, completed by Michpal Micro Computers, a wholly owned subsidiary of Formula Systems, enables Michpal to expand its operations in the field Financial Accounting, Taxation and Compliance f...

1 year ago - GlobeNewsWire

Formula Systems Reports First Quarter 2020 Financial Results

Operating income for the first quarter increased 22% year-over-year to a record breaking $38.8 million. Net income attributable to Formula’s Shareholders for the first quarter increased 10% year-over-ye...

1 year ago - GlobeNewsWire

3 Stocks That Have Grown Sales Fast: FORTY, LVMUY & VRSK

Growing sales is an essential catalyst to higher share prices. The S&P 500’s total sales grew by about 4% over the past five years through Sept.

Other symbols:LVMUYVRSK
1 year ago - GuruFocus

Formula Systems Acquires Unique Software Industries Ltd. for Approximately NIS 61 Million

The acquisition enables the Group to expand its operations in the field of management of payroll and human resources, in which it currently operates through its subsidiary, Michpal

2 years ago - GlobeNewsWire

Formula Systems Reports Second Quarter 2019 Results

Operating income for the second quarter increased 32% year over year to $32.7 million. Net income attributable to Shareholders for the first half of 2019 increased 28% year over year to $19.1 million  

2 years ago - GlobeNewsWire