Magic Software Enterprises earnings matched, revenue topped estimates

Magic Software Enterprises (NASDAQ: MGIC ) reported second quarter EPS of $0.24, in line with the analyst estimate of $0.24. Revenue for the quarter came in at $136.3M versus the consensus estimate of $132.1M.









Magic Software Enterprises's stock price closed at $10.33. It is down -13.05% in the last 3 months and down -15.80% in the last 12 months.

Magic Software Enterprises saw 1 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Magic Software Enterprises's stock price’s past reactions to earnings here.

According to InvestingPro, Magic Software Enterprises's Financial Health score is "good performance".

Check out Magic Software Enterprises's recent earnings performance , and Magic Software Enterprises's financials here.

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Source: Investing.com