Magic Software Q3 EPS $0.17 Beats $0.15 Estimate, Sales $85.843M Beat $80.03M Estimate

Magic Software (NASDAQ:MGIC) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.15 by 13.33 percent. This is a 21.43 percent increase over earnings of $0.14 per share from the

Benzinga · 11/14/2019 12:34

Magic Software (NASDAQ:MGIC) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.15 by 13.33 percent. This is a 21.43 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $85.843 million which beat the analyst consensus estimate of $80.03 million by 7.26 percent. This is a 19.00 percent increase over sales of $72.135 million the same period last year.