Magic Software Enterprises (MGIC) Misses Q1 EPS by 2c ; Offers Guidance

Magic Software Enterprises (NASDAQ: MGIC) reported Q1 EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $142.4 million versus the consensus estimate of $151.2 million.

GUIDANCE:

Magic Software Enterprises sees FY2023 revenue of $585-593 million, versus the consensus of $589.1 million.

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

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