Rankings
▼
Calendar
MGIC Q2 2024 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena
MGIC
Magic Software Enterprises Ltd.
$853M
Q2 2024 Earnings
Technology
Information Technology Services
Income Statement
Revenue
$136M
-1.0% YoY
Gross Profit
$39M
28.5% margin
Operating Income
$15M
11.0% margin
Net Income
$9M
6.7% margin
EPS (Diluted)
$0.18
QoQ Revenue Growth
+4.2%
Cash Flow
Operating Cash Flow
$14M
Free Cash Flow
$13M
Stock-Based Comp.
$304,000
Balance Sheet
Total Assets
$527M
Total Liabilities
$233M
Stockholders' Equity
$269M
Cash & Equivalents
$108M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$136M
$138M
-1.0%
Gross Profit
$39M
$40M
-3.6%
Operating Income
$15M
$15M
-2.6%
Net Income
$9M
$11M
-19.3%
← FY 2024
All Quarters
Q3 2024 →