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OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Wednesday reported net income of $15.6 million in its third quarter.

22.11.2023 - Revenues for the Third Quarter Increased by 4.3% (or 10.8% on a constant currency basis) Year Over Year to a third-quarter record-breaking $654.8 Million with Net Income for the Third Quarter reaching $15.6 million. OR YEHUDA, Israel, Nov. 22, ...

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 1,330 shares traded hands during mid-day trading, an increase of 147% from the previous session’s volume of 539 shares.The stock last traded at $59.07 and had previously closed at $59.37. Formula Systems (1985) Stock Performance The company […]

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,600 shares, a drop of 38.5% from the October 15th total of 2,600 shares. Currently, 0.0% of the shares of the stock are short sold. […]

In preliminary third quarter results, Magic Software Systems says third quarter revenue will be $129.3 million; previous guidance was $142.4-143.1 million.