MGIC Q3 2019 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q3 2019 Earnings

Technology Information Technology Services

Income Statement

Revenue

$86M+19.0% YoY

Gross Profit

$27M31.9% margin

Operating Income

$8M9.9% margin

Net Income

$5M5.8% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$401M

Total Liabilities

$117M

Stockholders' Equity

$248M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$72M	+19.0%
Gross Profit	$27M	$22M	+27.3%
Operating Income	$8M	$8M	+10.2%
Net Income	$5M	$5M	-1.7%