Magic Software Enterprises Ltd. (MGIC)
| Market Cap | 853.35M +32.1% |
| Revenue (ttm) | 603.22M +12.6% |
| Net Income | 39.88M +14.8% |
| EPS | 0.81 +16.2% |
| Shares Out | 49.10M |
| PE Ratio | 21.40 |
| Forward PE | 15.13 |
| Dividend | $0.60 (3.48%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 146,011 |
| Open | 17.96 |
| Previous Close | n/a |
| Day's Range | 17.25 - 18.29 |
| 52-Week Range | 11.65 - 28.00 |
| Beta | 0.75 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 11, 2026 |
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 worldwide. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non-proprietary application platforms, software applications, business and process integration solutions, and related services. Its IT Professional Servic... [Read more]
Financial Performance
In 2024, MGIC's revenue was $552.52 million, an increase of 3.26% compared to the previous year's $535.05 million. Earnings were $36.88 million, a decrease of -0.40%.
Financial StatementsNews
Magic Software Reports Third quarter 2025 Financial Results with Record-Braking Revenues of $161.7$ million – a 13.1% Year Over Year Increase
Operating income for the third quarter increased 13.6 % year over year to a third quarter record-braking result of $ 17 . 1 million; Non-GAAP operating income for the third quarter increased by 8.1% y...
Magic Software Reports Second Quarter and First Half 2025 Financial Results
OR YEHUDA, Israel, Aug. 13, 2025 (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...
Magic Software Reports First Quarter 2025 Financial Results
OR YEHUDA, Israel, May 21, 2025 (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 ...
Magic Software Files Annual Report on Form 20-F for the Year Ended December 31, 2024
OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (Nasdaq and TASE: MGIC) (“Magic Software” or the “Company”), a global provider of IT consulting services and end-to-...
Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results
OR YEHUDA, Israel, March 11, 2025 (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...
Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results
OR YEHUDA, Israel, Nov. 18, 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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
Magic Software Reports Third Quarter 2022 Financial Results with Record Breaking Revenues of $144 Million, Reflecting a 19% Year-Over-Year Growth. Net income reached a record-breaking $11.5 Million, Reflecting 53% Year-Over-Year Growth
Operating income for the third quarter increased by 34% year-over-year to a record-breaking result of $16.1 million; Non-GAAP operating income for the third quarter increased by 14% year-over-year to ...
Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth
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 ...
Magic Software Announces Filing of 2021 Annual Report
PRESS RELEASE PRESS RELEASE
Magic Software Reports First Quarter 2022 Financial Results with Record-Breaking Revenues of $138.7 Million, Reflecting 29.3% Year Over Year Growth
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-breakin...
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
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 Third Quarter 2021 Financial Results with Record-Breaking Revenues of $120.9 million - a 27.4% Year Over Year Increase
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 Second Quarter 2021 Financial Results with Record-Breaking Revenues for The Second Quarter of $119.2 million - a 37.7% Year Over Year Increase
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