MGIC Q2 2019 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q2 2019 Earnings

Technology Information Technology Services

Income Statement

Revenue

$77M+9.7% YoY

Gross Profit

$25M31.9% margin

Operating Income

$8M10.4% margin

Net Income

$5M6.3% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$399M

Total Liabilities

$115M

Stockholders' Equity

$249M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$70M	+9.7%
Gross Profit	$25M	$22M	+11.7%
Operating Income	$8M	$8M	+0.7%
Net Income	$5M	$6M	-15.5%