Magic Software Enterprises (MGIC) Misses Q1 EPS by 3c, reiterates guidance

Magic Software Enterprises (NASDAQ: MGIC) reported Q1 EPS of $0.18, $0.03 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $130.7 million versus the consensus estimate of $114.98 million.

GUIDANCE:

Magic Software Enterprises sees FY2024 revenue of $540-550 million, versus the consensus of $540 million.

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

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