Magic Software Enterprises earnings missed by $0.02, revenue fell short of estimates

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Magic Software Enterprises sees FY 2023 revenue of $585.00M-$593.00M versus the analyst consensus of $589.10M.

Magic Software Enterprises’s stock price closed at $14.25. It is down -12.20% in the last 3 months and down -16.37% in the last 12 months.

Magic Software Enterprises saw 0 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Magic Software Enterprises’s stock price’s past reactions to earnings here.

According to InvestingPro, Magic Software Enterprises’s Financial Health score is “great performance“.

Check out Magic Software Enterprises’s recent earnings performance, and Magic Software Enterprises’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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