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Magic Software Reports Second Quarter 2023 Financial Results

  • OR YEHUDA, Israel
  • August 15, 2023

Revenues for the second quarter of 2023 increased by approximately 0.4% to a record-breaking second quarter result of $137.6 million and 4.4% on a constant currency basis, compared to $137.0 million in the same period of the previous year.

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Magic Software Reports First Quarter 2023 Financial Results

  • May 18, 2023

Revenues for the first quarter of 2023 increased by approximately 3% to a record-breaking first quarter result of $142.4 million, compared to $138.7 million in the same period of the previous year.

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Magic Software Reports Fourth Quarter and Full Year 2022 Financial Results with Record-Breaking Full Year 2022 Results Recorded Across All Key Financial Indices (Revenues, Gross Profit, Operating Income and Net Income)

  • March 9, 2023

Net income for the year increased by 38.6% year over year to a record-breaking result of $40.7 million; non-GAAP net income for the year increased by 13% year over year to a record-breaking result of $52.0 million.

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Magic Software strengthens its presence in France with the acquisition of its partner Intrabases

  • November 17, 2022

This acquisition will enable Magic Software to broaden the scope of its software and service portfolios in Europe with complementary expertise in managing digital business processes.

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Magic Software Reports Third Quarter 2022 Financial Results with Record Breaking Revenues of $144 Million, Reflecting a 19% Year-Over-Year Growth. Net income reached a record-breaking $11.5 Million, Reflecting 53% Year-Over-Year Growth

  • November 14, 2022

Operating income for the third quarter increased by 34% year-over-year to a record-breaking result of $16.1 million; Non-GAAP operating income for the third quarter increased by 14% year-over-year to a third quarter record-breaking result of $18.5 million.

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The Window Manufacturer MéO Relies On Magic Software’s Solutions To Manage Its Activities And Move To Industry 4.0

  • September 20, 2022

The leading French wood-aluminum joinery manufacturer has deployed Magic Software’s FactoryEye to improve its Information Systems and simplify its Industry 4.0 migration.

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Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth

  • August 11, 2022

Operating income for the second quarter increased by 16% year over year to a record second quarter result of $14.7 million; Non-GAAP operating income for the second quarter increased by 10% year over year to a record second quarter result of $17.6 million

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Magic Software to Announce Second Quarter 2022 Financial Results on August 11th ,2022

  • July 21, 2022

Magic Software to Announce Second Quarter 2022 Financial Results on August 11th ,2022

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Magic Software Announces Filing of 2021 Annual Report

  • May 24, 2022

Magic Software Announces Filing of 2021 Annual Report

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Industry 4.0: Magic Software and Inetum sign partnership agreement

  • May 18, 2022

This partnership allows the parties to jointly develop market share in the manufacturing industry

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Magic Software Reports First Quarter 2022 Financial Results with Record-Breaking Revenues of $138.7 Million, Reflecting 29.3% Year Over Year Growth

  • May 12, 2022

Operating income for the first quarter increased 31% year over year to a record breaking $15.9 million; Non-GAAP operating income for the first quarter increased 26% year over year to a record-breaking first quarter result of $18.9 million

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Magic Software to Announce First Quarter 2022 Financial Results on May 12th ,2022

  • April 25, 2022

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Magic Software Reports Fourth Quarter and Full Year 2021 Financial Results with Record-Breaking Annual Revenues of $480.3 Million Reflecting 29.4% Year Over Year Growth

  • Or Yehuda, Israel
  • March 2, 2022

Operating income for the year increased 26.2% year over year to a record breaking $51.2 million; Non-GAAP operating income for the year increased 27% year over year to a record-breaking $66.8 million

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SYNCOS becomes Magic Integration Partner for MES systems in the manufacturing industry

  • Ismaning,Germany
  • February 17, 2022

SYNCOS GmbH will incorporate Magic technology with its Manufacturing Execution Systems (MES) offereing for medium-sized manufacturers.

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FactoryEye Launches Strategic Partnerships to Help Mid-Sized Manufacturers Improve Productivity

  • Irvine, California
  • February 3, 2022

FactoryEye continues to expand their available resources as a manufacturing intelligence platform for mid-sized manufacturers with latest partnerships including Business coach Mike Ungar and project IGBYS

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Magic Software Results of Annual General Meeting held on January 20, 2022

  • Or Yehuda, Israel
  • January 20, 2022

On January 20,2022, Magic Software Enterprises Ltd. (“we,” “us” or the “Company”) held its 2021 annual general meeting of shareholders (the “Meeting”).

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FactoryEye Partners with Tech Firm Feyen Zylstra to Improve Productivity and Throughput for Mid-Sized Manufacturers

  • Irvine, California
  • December 20, 2021

FactoryEye’s collaboration with the national industrial tech and electrical services firm brings additional insights and offerings for mid-sized manufacturers

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Notice of 2021 Annual General Meeting Of Shareholders To Be Held On January 20,22

  • Or Yehuda, Israel
  • December 14, 2021

Magic Software Enterprises Ltd. Shareholders: We cordially invite you to attend the 2021 Annual General Meeting of Shareholders of Magic Software Enterprises Ltd.

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Magic Software Reports Third Quarter 2021 Financial Results with Record-Breaking Revenues of $120.9 million – a 27.4% Year Over Year Increase

  • Or Yehuda, Israel
  • November 15, 2021

Operating income for the third quarter increased 9% year over year to $12.0 million; Non-GAAP operating income for the third quarter increased 14% year over year to a record-breaking $16.2 million

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Magic Software to Announce Third Quarter 2021 Financial Results on November 15, 2021

  • Or Yehuda, Israel
  • October 18, 2021

Operating Income for the second quarter increased 29% year over year to $12.7 million; Non-GAAP operating income for the second quarter increased 30% year over year to $15.9 million

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Magic Software Reports Second Quarter 2021 Financial Results with Record-Breaking Revenues for The Second Quarter of $119.2 million – a 37.7% Year Over Year Increase

  • Or Yehuda, Israel
  • August 12, 2021

Operating Income for the second quarter increased 29% year over year to $12.7 million; Non-GAAP operating income for the second quarter increased 30% year over year to $15.9 million

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Magic Software to Announce Second Quarter 2021 Financial Results on August 12, 2021

  • Or Yehuda, Israel
  • July 19, 2021

a global provider of end-to-end integration and low-code application development platforms and IT consulting services, announced today that it will report its financial results for the second quarter of 2021 on Thursday , August 12, 2021.

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Global Manufacturer, Aplix, Partners with FactoryEye to Accelerate the Transition of Its US-based Plants Toward Industry 4.0

  • Or Yehuda, Israel & Laguna Hills, California
  • June 28, 2021

FactoryEye Channels Machine Learning and JD Edwards Data to Its Cutting-edge Analytics Delivering Real-time Actionable Intelligence

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Magic Software Announces Filing of 2020 Annual Report

  • Or Yehuda, Israel
  • May 13, 2021

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms and IT consulting services, announced today that it has filed its annual report containing audited consolidated...

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Magic Software Reports First Quarter 2021 Financial Results

  • Or Yehuda, Israel
  • May 10, 2021

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms solutions and IT consulting services, announced today its financial results for the first quarter ended March 31, 2021.

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FactoryEye Announces Partnership with JDEMart to Help JD Edwards based Manufacturers Move Toward Industry 4.0

  • Or Yehuda, Israel & Laguna Hills, California
  • May 6, 2021

UPCOMING WEBINAR: How FactoryEye Can Help JD Edwards Users Transform Factory Data into Actionable Intelligence

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FactoryEye Launches Strategic Partner Program for Its Dynamic Industry 4.0 Solution for mid-sized Manufacturers

  • Laguna Hills, California
  • May 4, 2021

FactoryEye welcomes Audere Partners as the first partner affiliate for the North American marketplace

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Magic Software to Announce First Quarter 2021 Financial Results on May 10, 2021

  • Or Yehuda, Israel
  • April 22, 2021

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms and IT consulting services,

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Magic Software Introduces FactoryEye, a Dynamic Industry 4.0 Solution for North American Manufacturers

  • Or Yehuda, Israel & Laguna Hills, California
  • April 19, 2021

FactoryEye's plug and play IIoT platform enables mid-sized manufacturers to achieve digital transformation with real-time intelligence

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Magic Reports Fourth Quarter and Full Year 2020 Financial Results with Record-Breaking Annual Revenues of $371.2 million – a 14% Year Over Year Increase

  • Or Yehuda, Israel
  • March 8, 2021

Operating income for the year increased 21% year over year to $40.6 million; Non-GAAP operating income for the year increased 20% year over year to $52.6 million

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2020 annual general meeting of shareholders

  • Or Yehuda, Israel
  • March 1, 2021

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Compensation Policy for Office Holders

  • Or Yehuda, Israel
  • February 23, 2021

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Magic to Announce Fourth Quarter and Full Year 2020 Financial Results on March 8, 2021

  • Or Yehuda, Israel
  • February 22, 2021

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Notice Of 2020 Annual General Meeting Of Shareholders To Be Held On February 25, 2021

  • Or Yehuda, Israel
  • January 28, 2021

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Magic Reports Third Quarter 2020 Financial Results with Both Record-Breaking Revenues of $95 million, reflecting a 11% Year Over Year Growth and Record-Breaking Operating Income of $11 million, reflecting a 30% Year Over Year Growth

  • Or Yehuda, Israel
  • November 16, 2020

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Magic Reports Second Quarter and First Half 2020 Financial Results with Record-Breaking Operating Income of $9.8 million, reflecting a 22% Year Over Year Growth, and Announces Distribution of Semi-Annual Cash Dividend of $8.6 Million for the First Half of 2020. Non-GAAP operating income reached a record-breaking $12.2 million, reflecting a 14% year over year growth

  • Or Yehuda, Israel
  • August 13, 2020

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Magic Software Announces the acquisition of Magic-Hands B.V and Knowledge & Solutions Software B.V

  • Or Yehuda, Israel
  • June 22, 2020

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Magic Reports First Quarter 2020 Financial Results and Announces Semi-Annual Cash Dividend Distribution of $3.9 Million for the Second Half of 2019

  • Or Yehuda, Israel
  • May 26, 2020

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Magic Software Announces Filing of 2019 Annual Report

  • Or Yehuda, Israel
  • May 17, 2020

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Magic Reports Fourth Quarter and Full Year 2019 Financial Results with Record-Breaking Annual Revenues of $325.6 million – a 15% Year Over Year Increase

  • Or Yehuda, Israel
  • March 9, 2020

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Magic Reports Third Quarter 2019 Financial Results with Record-Breaking Revenues of $85.8 million – a 19% Year Over Year Growth

  • Or Yehuda, Israel
  • November 14, 2019

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Magic to Announce Third Quarter 2019 Financial Results on November 14, 2019

  • Or Yehuda, Israel
  • October 22, 2019

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Magic Reports Second Quarter 2019 Financial Results with Record-Breaking Revenues of $77.1 million a 10% Year Over Year Growth and Announces Distribution of Semi-Annual Cash Dividend of $7.6 Million for the First Half of 2019

  • Or Yehuda, Israel
  • August 13, 2019

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Magic to Announce Second Quarter 2019 Financial Results on August 13, 2019

  • Or Yehuda, Israel
  • July 18, 2019

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Axesor Powers Its Credit Risk Solution by Embedding Magic Software’s Integration Platform

  • Or Yehuda, Israel
  • July 17, 2019

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Magic Software announces the Launch of ‘FactoryEye’, a New Product Enabling Manufacturers’ Transition to Industry 4.0

  • Or Yehuda, Israel
  • May 21, 2019

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Magic Reports First Quarter 2019 Financial Results

  • Or Yehuda, Israel
  • May 16, 2019

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Magic Software Acquires PowWow Creator of SmartUX™, A leading Low-Code Development Platform for Mobilizing and Modernizing Enterprise Apps

  • Or Yehuda, Israel
  • May 13, 2019

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