Investor News

Coffee Giant, Segafredo, Perks Up with Mobile Direct Store Delivery App from Magic Software and Danem

• Or Yehuda, Israel
• January 13, 2016

App is first result of Magic and Danem partnership to provide enterprise mobility apps based on Magic’s Enterprise Mobility Solution

Japan’s Fukushima Bank Deploys Mobile Sales Force Automation Solution Powered by Magic Software’s Application Development Platform

• Or Yehuda, Israel
• November 24, 2015

iPad app from Magic partner, CCU, increases bank’s sales force productivity by 30-40%

Magic Reports Third Quarter 2015 Results with Record Breaking Revenues of $45.3 Million, an Increase of 13% Year over Year

• Or Yehuda, Israel
• November 11, 2015

Non-GAAP net income for the third quarter increased 14% to $5.7 million, or $0.13 per fully diluted share

Notice of 2015 Annual General Meeting of Shareholders To Be Held on November 23, 2015

• October 14, 2015

Hebrew University of Jerusalem Uses Magic’s Application Development Platform to Provide Smartphone Apps for Approximately 24,000 Students

• Or Yehuda, Israel
• September 8, 2015

Students can access personal information about grades, tuition, phone calendar, and academic and student services departments via their Android and iOS devices

AA Shipping Deploys Customized ERP System Based on the Magic xpa Application Platform

• Or Yehuda, Israel
• August 31, 2015

Magic Announces Distribution of Cash Dividend for First Half of 2015

• Or Yehuda, Israel
• August 12, 2015

Magic Reports Second Quarter 2015 Results with Revenues Increasing 5% Year over Year to $42.5 Million, and Non-GAAP Operating Income Increasing 7% Year over Year to $6.5 Million

• Or Yehuda, Israel
• August 11, 2015

Revenues for the second quarter increased 11% year over year to a record-breaking result of $45.2 million on a constant currency basis; Operating cash flow for the first half of 2015 totaled approximately $14.0 million

Magic Software Recognized as 2015 Salesforce Ecosystem Champion of the Year for France

• Or Yehuda, Israel
• July 28, 2015

Magic’s Valinor Recognized as 2015 Microsoft Country Partner of the Year for Israel

• Or Yehuda, Israel
• July 7, 2015

Valinor Award Shows Magic’s Growing Strength and Presence in Cloud Sector

Magic Software Signs Reseller Agreement with Leading Dutch ICT Service Provider, Acuity, Expanding Footprint in Benelux Region

• Or Yehuda, Israel
• June 16, 2015

Leading IBM and SugarCRM partner, Acuity, standardizes on Magic xpi Integration Platform as base for its integration services

Magic Reports First Quarter 2015 Results with Non GAAP Operating Income Increasing 5% Year over Year to $6.7 Million and Non GAAP Operating Margin of 16.6%

• Or Yehuda, Israel
• May 11, 2015

Non-GAAP Net Income Increased 5% Year over Year to $5.2 Million

Magic Acquires IT Professional Services Company Specializing in Mainframe Environments

• Or Yehuda, Israel
• February 25, 2015

Acquisition expands and enhances Magic’s AppBuilder solution

Global Freight Provider, iCargo Alliance, Deploys EDI Solution Powered by Magic’s Integration Platform

• Or Yehuda, Israel
• February 18, 2015

EDI solution from Magic partner, JAG Software, enables iCargo to increase operational efficiency and improve customer service

Magic Declares Dividend for Second Half of 2014

• Or Yehuda, Israel
• February 5, 2015

Magic Reports Its Fifth Consecutive Year of Record-Breaking Revenue and Operating Results

• Or Yehuda, Israel
• January 30, 2015

Annual revenues for 2014 increased 13% year over year to a record-breaking result of $164.3 million; Non-GAAP operating income for the year increased 14% to a record-breaking result of $25.9 million

Magic Reports Third Quarter Results with Revenues Increasing 13% Year over Year to $40.2 Million and Non-GAAP Operating Income Increasing 8% Year over Year to $6.4 Million

• Or Yehuda, Israel
• November 10, 2014

Non-GAAP operating income for the first nine months increased 19% to a record high $18.9 million for the period; Revenues for the first nine months increased 17% year over year to a record high $121.8 million for the period

South Africa’s Leading Free Classified Portal, Junk Mail, Selects Magic Software as Strategic Solution to Mobilize Its Sugar CRM

• Or Yehuda, Israel
• September 9, 2014

Magic’s single-stack enterprise mobility solution overcomes limitations of competitor solutions, meeting Junk Mail’s mobile app requirements.