William Blair downgraded Magic Software from Outperform to Mkt Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2025 | Outperform → Mkt Perform | William Blair |
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% year over year to a third quarter record-breaking $19.9 million OR YEHUDA, Israel, Nov. 18, 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 application development platforms solutions, announced today its financial results for the third quarter and first nine months ended September 30, 2025. Summary Results for the Third quarter 2025 (USD in millions, except per shar
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 application development platforms solutions, announced today its financial results for the second quarter and first half ended June 30, 2025. Summary Results for the Second Quarter 2025 (USD in millions, except per share data) GAAP Non-GAAP Q2 2025Q2 2024% Change Q2 2025Q2 2024% Change Revenues$151.6 $136.3 11.3% $151.6 $136.3 11.3% Gross profit$42.4 $38.8 9.1% $43.6 $40.1 8.7% Gross margin 27.9% 28.5% (60) bps 28.7% 29.4% (70) bps Operating income$15.6 $15.0 4.0
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 application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2025. Summary Results for the First Quarter 2025 (USD in millions, except per share data) GAAP Non-GAAP Q1 2025Q1 2024% Change Q1 2025Q1 2024% ChangeRevenues$147.3$130.712.7% $147.3$130.712.7%Gross profit$40.6$36.710.7% $41.9$38.39.5%Gross margin 27.6% 28.1%(50) bps 28.5% 29.3%(80) bpsOperating income$15.7$14.49.1% $18.5$18.11.9
6-K - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Filer)
CB/A - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Subject)
6-K - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Filer)
William Blair downgraded Magic Software from Outperform to Mkt Perform
HC Wainwright reiterated coverage of Magic Software Enterprises with a rating of Buy and set a new price target of $20.00 from $17.00 previously
HC Wainwright & Co. reiterated coverage of Magic Software with a rating of Buy and set a new price target of $20.00 from $17.00 previously
Melanie McFaddin, representative of Wiley Bros – Aintree Capital &Partners, LLC ("WBAC") is pleased to announce its representation of Theoris, Inc. ("Theoris" and the "Company") in its sale to CoreTech Consulting Group, LLC ("CoreTech"). Theoris' addition to the CoreTech portfolio of companies expands its presence in the MidWest. Theoris was founded in 1984 by Mike Cunnigham as Software Synergy, Inc. and was rebranded as Theoris in 2000. As the original premier IT staffing firm in the Indianapolis market, the Company has expanded over the last 40 years to service clients in 24 states including a focus in the Cincinnati, Chicago, and Philadelphia markets. Theoris has also expanded its serv
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% year over year to a third quarter record-breaking $19.9 million OR YEHUDA, Israel, Nov. 18, 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 application development platforms solutions, announced today its financial results for the third quarter and first nine months ended September 30, 2025. Summary Results for the Third quarter 2025 (USD in millions, except per shar
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 application development platforms solutions, announced today its financial results for the second quarter and first half ended June 30, 2025. Summary Results for the Second Quarter 2025 (USD in millions, except per share data) GAAP Non-GAAP Q2 2025Q2 2024% Change Q2 2025Q2 2024% Change Revenues$151.6 $136.3 11.3% $151.6 $136.3 11.3% Gross profit$42.4 $38.8 9.1% $43.6 $40.1 8.7% Gross margin 27.9% 28.5% (60) bps 28.7% 29.4% (70) bps Operating income$15.6 $15.0 4.0
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 application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2025. Summary Results for the First Quarter 2025 (USD in millions, except per share data) GAAP Non-GAAP Q1 2025Q1 2024% Change Q1 2025Q1 2024% ChangeRevenues$147.3$130.712.7% $147.3$130.712.7%Gross profit$40.6$36.710.7% $41.9$38.39.5%Gross margin 27.6% 28.1%(50) bps 28.5% 29.3%(80) bpsOperating income$15.7$14.49.1% $18.5$18.11.9
SC 13G/A - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Subject)
SC 13G/A - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Subject)
SC 13G - MAGIC SOFTWARE ENTERPRISES LTD (0000876779) (Subject)