Formula Systems (FORTY) Reports Q3 EPS of $0.42

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Formula Systems Reports Third Quarter Results for 2015

November 12, 2015 6:50 AM EST

OR YEHUDA, Israel, Nov. 12, 2015 /PRNewswire/ -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology company engaged primarily, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and first nine months of 2015.

Financial Highlights for the Third Quarter of 2015

Revenues for the third quarter ended September 30, 2015 increased 27.9% to $196.2 million, compared to $153.4 million... More