Investor News

Gradient Cyber and Magic Software Announce Strategic Partnership to Strengthen Cybersecurity Solutions for Mid-Market Businesses

• Southlake, TX
• December 10, 2024

Magic Software Reports Third Quarter 2024 Financial Results

• OR YEHUDA, Israel
• November 18, 2024

Magic Software Reports Second Quarter and First Half 2024 Financial Results

• OR YEHUDA, Israel
• August 29, 2024

Magic Software Reports First Quarter 2024 Financial Results

• OR YEHUDA, Israel
• May 19, 2024

Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results

• OR YEHUDA, Israel
• March 17, 2024

Magic Software Reports Third Quarter 2023 Financial Results

• OR YEHUDA, Israel
• November 14, 2023

Magic Software Announces Selected Preliminary Third Quarter 2023 Financial Results

• OR YEHUDA, Israel
• November 14, 2023

Company will announce results for the third quarter of 2023 on November 14, 2023

Magic Software Reports Second Quarter 2023 Financial Results

• OR YEHUDA, Israel
• August 15, 2023

Revenues for the second quarter of 2023 increased by approximately 0.4% to a record-breaking second quarter result of $137.6 million and 4.4% on a constant currency basis, compared to $137.0 million in the same period of the previous year.

Magic Software Reports First Quarter 2023 Financial Results

• May 18, 2023

Revenues for the first quarter of 2023 increased by approximately 3% to a record-breaking first quarter result of $142.4 million, compared to $138.7 million in the same period of the previous year.

Magic Software Reports Fourth Quarter and Full Year 2022 Financial Results with Record-Breaking Full Year 2022 Results Recorded Across All Key Financial Indices (Revenues, Gross Profit, Operating Income and Net Income)

• March 9, 2023

Net income for the year increased by 38.6% year over year to a record-breaking result of $40.7 million; non-GAAP net income for the year increased by 13% year over year to a record-breaking result of $52.0 million.

Magic Software Reports Third Quarter 2022 Financial Results with Record Breaking Revenues of $144 Million, Reflecting a 19% Year-Over-Year Growth. Net income reached a record-breaking $11.5 Million, Reflecting 53% Year-Over-Year Growth

• November 14, 2022

Operating income for the third quarter increased by 34% year-over-year to a record-breaking result of $16.1 million; Non-GAAP operating income for the third quarter increased by 14% year-over-year to a third quarter record-breaking result of $18.5 million.

Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth

• August 11, 2022

Operating income for the second quarter increased by 16% year over year to a record second quarter result of $14.7 million; Non-GAAP operating income for the second quarter increased by 10% year over year to a record second quarter result of $17.6 million

Magic Software Reports First Quarter 2022 Financial Results with Record-Breaking Revenues of $138.7 Million, Reflecting 29.3% Year Over Year Growth

• May 12, 2022

Operating income for the first quarter increased 31% year over year to a record breaking $15.9 million; Non-GAAP operating income for the first quarter increased 26% year over year to a record-breaking first quarter result of $18.9 million

Magic Software to Announce First Quarter 2022 Financial Results on May 12th ,2022

• April 25, 2022

Magic Software Reports Fourth Quarter and Full Year 2021 Financial Results with Record-Breaking Annual Revenues of $480.3 Million Reflecting 29.4% Year Over Year Growth

• Or Yehuda, Israel
• March 2, 2022

Operating income for the year increased 26.2% year over year to a record breaking $51.2 million; Non-GAAP operating income for the year increased 27% year over year to a record-breaking $66.8 million

Magic Software Reports Third Quarter 2021 Financial Results with Record-Breaking Revenues of $120.9 million – a 27.4% Year Over Year Increase

• Or Yehuda, Israel
• November 15, 2021

Operating income for the third quarter increased 9% year over year to $12.0 million; Non-GAAP operating income for the third quarter increased 14% year over year to a record-breaking $16.2 million

Magic Software to Announce Third Quarter 2021 Financial Results on November 15, 2021

• Or Yehuda, Israel
• October 18, 2021

Operating Income for the second quarter increased 29% year over year to $12.7 million; Non-GAAP operating income for the second quarter increased 30% year over year to $15.9 million

Magic Software Reports Second Quarter 2021 Financial Results with Record-Breaking Revenues for The Second Quarter of $119.2 million – a 37.7% Year Over Year Increase

• Or Yehuda, Israel
• August 12, 2021

Operating Income for the second quarter increased 29% year over year to $12.7 million; Non-GAAP operating income for the second quarter increased 30% year over year to $15.9 million