WallStreetZenWallStreetZen

NASDAQ: MGIC
Magic Software Enterprises Ltd Earnings & Revenue

MGIC past earnings growth

How has MGIC's earnings growth performed historically?
Company
-12.05%
Industry
65.85%
Market
126.85%
MGIC's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
MGIC's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Market Performance
MGIC's earnings growth is slowing... subscribe to Premium to read more.
Accelerating Earnings Growth Performance

MGIC past revenue growth

How has MGIC's revenue growth performed historically?
Company
-8.27%
Industry
2.33%
Market
18.88%
MGIC's revenue has grown faster... subscribe to Premium to read more.
Revenue Growth vs Industry Performance
MGIC's revenue has grown slower... subscribe to Premium to read more.
Revenue Growth vs Market Performance
MGIC's revenue growth is slowing... subscribe to Premium to read more.
Accelerating Revenue Growth Performance

MGIC earnings and revenue history

Current Revenue
$523.3M
Current Earnings
$35.7M
Current Profit Margin
6.8%
MGIC's has not demonstrated consistent... subscribe to Premium to read more.
Long-term Earnings Growth Trend Performance

MGIC Return on Equity

Current Company
13.6%
Current Industry
25.7%
Current Market
28.2%
MGIC's Return on Equity (13.6%)... subscribe to Premium to read more.
High Return on Equity Performance

Be the first to know when MGIC announces earnings.

MGIC Return on Assets

Current Company
6.8%
Current Industry
8.5%
MGIC is generating lower Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

MGIC Return on Capital Employed

Current Company
14.93%
Current Industry
16.7%
MGIC has gotten more efficient... subscribe to Premium to read more.
Increasing Return on Capital Employed Performance

MGIC vs Information Technology Service Stocks

TickerRevenueEBITDAEarningsY/Y RevenueY/Y Earnings
MGIC$523.33MN/A$35.72M+12.81%+13.36%
INOD$94.44M$8.35M$2.20M+10.63%+69.34%
CTLP$260.11M$29.21M$12.04M+11.93%+100.00%
VNET$1.04B-$89.82M-$402.92M+15.00%N/A
HCKT$302.55M$53.07M$34.72M+1.42%+10.13%

MGIC earnings dates

Next earnings date
Aug 12, 2024

Magic Software Enterprises Earnings & Revenue FAQ

What were MGIC's earnings last quarter?

On Invalid Date, Magic Software Enterprises (NASDAQ: MGIC) reported Q1 2024 earnings per share (EPS) of $0.18, up 14.29% year over year. Total Magic Software Enterprises earnings for the quarter were $8.80 million. In the same quarter last year, Magic Software Enterprises's earnings per share (EPS) was $0.21.

If you're new to stock investing, here's how to buy Magic Software Enterprises stock.

What was MGIC's earnings growth in the past year?

As of Q3 2024, Magic Software Enterprises's earnings has grown -12.05% year over year. This is 77.9 percentage points lower than the US Information Technology Services industry earnings growth rate of 65.85%. Magic Software Enterprises's earnings in the past year totalled $35.72 million.

What is MGIC's earnings date?

Magic Software Enterprises's earnings date is Invalid Date. Add MGIC to your watchlist to be reminded of MGIC's next earnings announcement.

What was MGIC's revenue last quarter?

On Invalid Date, Magic Software Enterprises (NASDAQ: MGIC) reported Q1 2024 revenue of $130.72 million up 8.23% year over year. In the same quarter last year, Magic Software Enterprises's revenue was $142.44 million.

What was MGIC's revenue growth in the past year?

As of Q3 2024, Magic Software Enterprises's revenue has grown -8.27% year over year. This is 10.6 percentage points lower than the US Information Technology Services industry revenue growth rate of 2.33%. Magic Software Enterprises's revenue in the past year totalled $523.33 million.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.