MGIC Q2 2020 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q2 2020 Earnings

Technology Information Technology Services

Income Statement

Revenue

$87M+12.3% YoY

Gross Profit

$25M28.7% margin

Operating Income

$10M11.4% margin

Net Income

$6M6.6% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$405M

Total Liabilities

$131M

Stockholders' Equity

$248M

Cash & Equivalents

$79M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$77M	+12.3%
Gross Profit	$25M	$25M	+0.9%
Operating Income	$10M	$8M	+22.4%
Net Income	$6M	$5M	+18.7%