Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results
Formula Systems (1985) Ltd. - American Depositary Shares (FORTY)
US:NASDAQ Investor Relations:
formulasystems.com/investors-relations
Company Research
Source: GlobeNewswire
OR YEHUDA, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Or Yehuda, Israel, March 19, 2024 – 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 fourth quarter and full year ended December 31, 2023. Financial Highlights for the Fourth Quarter Ended December 31, 2023 Consolidated revenues for the fourth quarter ended December 31, 2023 amounted to $640.3 million, compared to $657.1 million in the same period last year. On a constant currency basis (calculated based on average currency exchange rates for the three months ended December 31, 2022), the consolidated revenues for the fourth quarter of 2023 would have increased by approximately 3.0% to $676.7 million.Consolidated operating income for the fourth qua
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FORTY
Sec Filings
- 5/6/24 - Form SC
- 4/29/24 - Form NT
- 4/4/24 - Form 6-K
- FORTY's page on the SEC website