MGIC Q3 2020 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q3 2020 Earnings

Technology Information Technology Services

Income Statement

Revenue

$95M+10.5% YoY

Gross Profit

$29M30.7% margin

Operating Income

$11M11.6% margin

Net Income

$7M7.5% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$12M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$422M

Total Liabilities

$145M

Stockholders' Equity

$247M

Cash & Equivalents

$79M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	$86M	+10.5%
Gross Profit	$29M	$27M	+6.3%
Operating Income	$11M	$8M	+29.9%
Net Income	$7M	$5M	+42.9%