05 Jun, 2026
1 min read

IT Consulting Services Firm Magic Software Enterprises Stock Soars On Wednesday – Here’s Why – Magic Software (NASDAQ:MGIC) – Beragampengetahuan

Magic Software Enterprises Ltd MGIC reported a fourth-quarter revenue decline of 14.7% year-on-year to $125.5 million, beating the consensus of $117.5 million. Adjusted EPS of $0.24 beat the consensus of $0.19. The stock price is gained after the results. The adjusted gross margin expanded by 150 bps to 30.8%. The adjusted operating margin climbed 140 bps to 14.1%. […]