Formula Systems (1985) Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, revenues were $259,057,000 against $241,642,000 a year ago. Operating income was $20,538,000 against $19,375,000 a year ago. Income before taxes on income was $19,832,000 against $13,965,000 a year ago. Net income attributable to Formula's shareholders was $6,725,000 against $2,791,000 a year ago. Earnings per share (diluted) were $0.45 against $0.19 a year ago. For six months, revenues were $521,227,000 against $478,702,000 a year ago. Operating income was $42,086,000 against $39,589,000 a year ago. Income before taxes on income was $37,534,000 against $32,253,000 a year ago. Net income attributable to Formula's shareholders was $10,767,000 against $9,286,000 a year ago. Earnings per share (diluted) were $0.73 against $0.63 a year ago.