Formula Systems (FORTY) Reports Q2 EPS of $0.16

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Formula Systems Reports Second Quarter Results for 2015

August 13, 2015 9:10 AM EDT

OR YEHUDA, Israel, Aug. 13, 2015 /PRNewswire/ -- Formula Systems (1985) Ltd. (NASDAQ: FORTY) a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions, today announced its results for the second quarter and first half of 2015.

Financial Highlights for the Second Quarter of 2015

Revenues for the second quarter ended June 30, 2015 increased 33.4% to $196.8 million, compared to $147.5 million in the same... More