Magic Software Enterprises (MGIC) Misses Q3 EPS by 3c, Revenue Beats, Updates Guidance

Magic Software Enterprises (NASDAQ: MGIC) reported Q3 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $144 million versus the consensus estimate of $133 million.

GUIDANCE:

Magic Software Enterprises sees FY2022 revenue of $555-565 million, versus the consensus of $550 million.

For earnings history and earnings-related data on Magic Software Enterprises (MGIC) click here.

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