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OR YEHUDA, Israel, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) ("Formula" or the "Company"), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the second quarter and first half period ended June 30, 2024. Financial Highlights for the Second Quarter Ended June 30, 2024 Revenues for the second quarter ended June 30, 2024 increased by 1.9% to $667.7 million, compared to $655.4 million in the same period last year. On a constant-currency basis (calculated
OR YEHUDA, Israel, May 22, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) ("Formula" or the "Company"), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2024. Financial Highlights for the First Quarter Ended March 31, 2024 Revenues for the first quarter ended March 31, 2024 increased by 4.2% to $698.4 million, compared to $670.4 million in the same period last year. On a constant-currency basis (calculated based on average curren
OR YEHUDA, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Or Yehuda, Israel, March 19, 2024 – Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) ("Formula" or the "Company"), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quarter and full year ended December 31, 2023. Financial Highlights for the Fourth Quarter Ended December 31, 2023 Consolidated revenues for the fourth quarter ended December 31, 2023 amounted to $640.3 million, compared to $657.1 million in the same period last ye
6-K - FORMULA SYSTEMS (1985) LTD (0001045986) (Filer)
6-K - FORMULA SYSTEMS (1985) LTD (0001045986) (Filer)
6-K - FORMULA SYSTEMS (1985) LTD (0001045986) (Filer)
U.S. stocks were mostly higher, with the Nasdaq Composite gaining around 0.1% on Monday. Shares of Model N, Inc. (NYSE:MODN) rose sharply during Monday’s session after the company announced it will be acquired by Vista Equity Partners for $1.25 billion. Model N shares jumped 10.7% to $30.00 on Monday. Here are some other big stocks recording losses in today’s session. Destiny Tech100 Inc. (NASDAQ:DXYZ) shares climbed 33.8% to $79.30 after jumping around 77% on Friday. Adlai Nortye Ltd. (NASDAQ:ANL) shares surged 27.9% to $10.68. Apartment Income REIT Corp. (NYSE:AIRC) shares jumped 22.6% to $38.47. Blackstone Real Estate will take AIR Communities private for approximately $10 billio
SC 13G/A - FORMULA SYSTEMS (1985) LTD (0001045986) (Subject)
SC 13G/A - FORMULA SYSTEMS (1985) LTD (0001045986) (Subject)
SC 13G/A - FORMULA SYSTEMS (1985) LTD (0001045986) (Subject)
OR YEHUDA, Israel, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) ("Formula" or the "Company"), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and first nine months period ended September 30, 2024. Financial Highlights for the Third Quarter Ended September 30, 2024 Revenues for the third quarter ended September 30, 2024 increased by 6.9% to a record breaking $699.9 million, compared to $654.8 million in the same period last year.Operat
OR YEHUDA, Israel, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) ("Formula" or the "Company"), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the second quarter and first half period ended June 30, 2024. Financial Highlights for the Second Quarter Ended June 30, 2024 Revenues for the second quarter ended June 30, 2024 increased by 1.9% to $667.7 million, compared to $655.4 million in the same period last year. On a constant-currency basis (calculated
OR YEHUDA, Israel, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. ("Formula") published with the Tel Aviv Stock Exchange (the "TASE") and the Israel Securities Authority (the "ISA") a draft agreement with a trustee for a new series of secured, non-convertible debentures—Series D Debentures— that may potentially be issued by Formula in Israel. The Series D Debentures would be secured by a first lien on certain shares of certain publicly-traded subsidiaries held by Formula—specifically, Matrix IT Ltd., Sapiens International Corporation N.V., and Magic Software Enterprises Ltd.— with the number of pledged shares to be determined based on a loan-to-value ratio that will not exc