Formula Systems (1985) Ltd. - ADS represents 1 ordinary shares (FORTY) News

Formula Systems (1985) Ltd. - ADS represents 1 ordinary shares (FORTY): $85.09

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Latest FORTY News From Around the Web

Below are the latest news stories about Formula Systems (1985) Ltd that investors may wish to consider to help them evaluate FORTY as an investment opportunity.

Formula Systems: Q1 Earnings Snapshot

OR YEHUDA, Israel (AP) _ Formula Systems (1985) Ltd. (FORTY) on Thursday reported first-quarter profit of $12.4 million. The Or Yehuda, Israel-based company said it had profit of 80 cents per share. The information technology company posted revenue of $572.6 million in the period. Formula Systems shares have risen slightly more than 1% since the []

CityNews Toronto | May 20, 2021

Formula Systems Clocks Record Q1 Earnings

Formula Systems (1985) Ltd (NASDAQ: FORTY ) reported first-quarter FY21 revenue growth of 22.8% year-on-year to $572.6 million. Gross margin remained stable at 22%. The operating income rose 22.3% Full story available on Benzinga.com

Benzinga | May 20, 2021

Formula Systems Reports First Quarter 2021 Financial Results: Record-Breaking Results With Double Digit Growth Across All Key Financial Indices

OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2021.

GlobeNewswire | May 20, 2021

Formula Systems Reports Fourth Quarter and full year 2020 Financial Results with Annual Net Income of $46.8 million, a 20% growth year over year

The results for the fourth quarter and for the full year 2020 reflect double digit growth in revenues, gross profit, operating income and net income.OR YEHUDA, Israel, March 17, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quarter and full year ended December 31, 2020. Financial Highlights for the Fourth Quarter Ended December 31, 2020 Consolidated revenues for the fourth quarter increased by 21.2% to a record breaking $543.2 million. Revenues for the fourth quarter ended December 31, 2019 amounted t...

Yahoo | March 17, 2021

Sapiens Reports Q4 and Full Year 2020 Financial Results

Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and a member of the Formula Group (NASDAQ: FORTY) (TASE: FORT), today announced its financial results for the fourth quarter and full year ended December 31, 2020.

Yahoo | February 25, 2021

Formula Systems: Debt Overview

Shares of Formula Systems (1985) (NASDAQ: FORTY) moved lower by 16.87% in the past three months. Before having a look at the importance of debt, let us look at how much debt Formula Systems (1985) has.Formula Systems (1985)'s Debt According to the Formula Systems (1985)'s most recent balance sheet as reported on May 16, 2017, total debt is at $259.00 million, with $170.97 million in long-term debt and $88.03 million in current debt. Adjusting for $238.16 million in cash-equivalents, the company has a net debt of $20.84 million.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with mat...

Yahoo | November 18, 2020

Formula Systems Reports Third Quarter 2020 Financial Results

Operating income for the third quarter increased by 23% year-over-year to a record breaking $45.4 million. Net income attributable to Formula’s Shareholders for the third quarter increased by 29% year-over-year to a record breaking $12.6 million.Or Yehuda, Israel, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and nine months-period ended September 30, 2020.Financial Highlights for the Third Quarter Ended September 30, 2020  * Consolidated revenues for the third quarter increased by 8....

Yahoo | November 18, 2020


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