Formula Systems Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Formula Systems (1985) Ltd. - American Depositary Shares (FORTY)
US:NASDAQ Investor Relations:
formulasystems.com/investors-relations
Company Research
Source: Yahoo! Finance
OR YEHUDA, Israel, May 22, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group 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, 2024. Financial Highlights for the First Quarter Ended March 31, 2024 Revenues for the first quarter ended March 31, 2024 increased by 4.2% to $698.4 million, compared to $670.4 million in the same period last year. On a constant-currency basis (calculated based on average currency exchange rates for the three months ended March 31, 2023), revenues for the first quarter of 2024 would have increased by 6.6% to $714.8 million, compared to the same period last year. Operating income for the first quarter ended March 31, 2024 increased by 2.9% to $62.6 million compared to $6
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FORTY
Sec Filings
- 5/28/24 - Form 6-K
- 5/22/24 - Form 6-K
- 5/15/24 - Form 6-K
- FORTY's page on the SEC website