OR YEHUDA, Israel (AP) _ Formula Systems (1985) Ltd. (FORTY) on Wednesday reported third-quarter earnings of $12.6 million.

The Or Yehuda, Israel-based company said it had net income of 82 cents per share.

The information technology company posted revenue of $487.3 million in the period.

Formula Systems shares have climbed 17% since the beginning of the year. The stock has climbed 14% in the last 12 months.

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