Magic Software Enterprises (MGIC) Misses Q4 EPS by 2c; Offers Confident FY16 Sales Outlook

Magic Software Enterprises (NASDAQ: MGIC) reported Q4 EPS of $0.13, $0.02 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $47.9 million versus the consensus estimate of $44.81 million.

GUIDANCE:

Magic Software Enterprises sees FY2016 revenue of $191-195 million, versus the consensus of $188.7 million.

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

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