Formula Systems (1985) Ltd.

FORTY

IL0002560162

IT Services & Consulting

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 07:24:08 2024-04-25 am EDT			5-day change	1st Jan Change
27,550 ^ILa	-2.03%		-2.44%	+14.55%

Mar. 19	Earnings Flash (FORTY) FORMULA SYSTEMS (1985) Reports Q4 Revenue $640.3M	MT
Mar. 19	Formula Systems Ltd. Approves Dividend for the Second Half of 2023, Payable on April 18, 2024	CI

Formula Systems Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 22, 2023 at 04:03 am EST

Formula Systems (1985) Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 654.84 million compared to USD 627.68 million a year ago. Net income was USD 15.6 million compared to USD 16.88 million a year ago.
For the nine months, sales was USD 1,980.61 million compared to USD 1,915.29 million a year ago. Net income was USD 48.3 million compared to USD 66.05 million a year ago.

Latest news about Formula Systems (1985) Ltd.

Earnings Flash (FORTY) FORMULA SYSTEMS (1985) Reports Q4 Revenue $640.3M	Mar. 19	MT
Formula Systems Ltd. Approves Dividend for the Second Half of 2023, Payable on April 18, 2024	Mar. 19	CI
Formula Systems Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Formula Systems Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 19	CI
Earnings Flash (FORTY) FORMULA SYSTEMS (1985) Posts Q3 Revenue $654.8M	Nov. 22	MT
Formula Systems Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 22	CI
Formula Systems (1985) Q2 Earnings Fall, Revenue Rises	23-08-17	MT
Earnings Flash (FORTY) FORMULA SYSTEMS (1985) Reports Q2 EPS $1.11	23-08-17	MT
Formula Systems Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-17	CI
Formula Systems Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-19	CI
Formula 1985 : Systems Posts Higher Q4 Profit, Revenue	21-03-17	MT
Formula 1985 : Systems Reports Higher Q3 Earnings, Revenue	20-11-18	MT
Formula 1985 : Earnings Flash (FORTY) FORMULA SYSTEMS Posts Q3 Revenue $487.3M	20-11-18	MT
Formula Systems Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017	17-05-18	CI
Formula Systems Ltd. acquired Michpal Micro Computers Ltd for $22.1 million.	17-05-15	CI
Formula Systems Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016	17-03-16	CI
Formula Systems Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016	16-11-14	CI
Formula Systems Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016	16-08-18	CI
Formula Systems Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016	16-06-22	CI
Formula Systems Ltd. and Israel Aerospace Industries Ltd. completed the acquisition of TSG IT Advanced Systems Ltd. from Ness Technologies Inc.	16-05-08	CI

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Company Profile

Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.

Sector

IT Services & Consulting

Calendar

2024-05-21 - Q1 2024 Earnings Release (Projected)

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