MGIC Q1 2020 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q1 2020 Earnings

Technology Information Technology Services

Income Statement

Revenue

$85M+18.7% YoY

Gross Profit

$25M29.6% margin

Operating Income

$9M10.3% margin

Net Income

$6M6.9% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$387M

Total Liabilities

$114M

Stockholders' Equity

$244M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$72M	+18.7%
Gross Profit	$25M	$22M	+13.0%
Operating Income	$9M	$8M	+4.3%
Net Income	$6M	$5M	+9.3%