Magic Software Enterprises (MGIC) Misses Q4 EPS by 2c, Revenues Miss

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Magic Reports Fourth Quarter and Full Year 2018 Financial Results with Record-Breaking Annual Revenue of $284 Million and Announces a $0.15 Per Share Cash Dividend for the Second Half of 2018

March 4, 2019 6:15 AM EST

Operating income for the year increased 22% year over year to $31.7 million; Non-GAAP operating income for the year increased 12% year over year to a record-breaking $39.5 million

Or Yehuda, Israel, March 04, 2019 (GLOBE NEWSWIRE) --  Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms solutions and IT consulting services, announced today its financial results for the fourth quarter and full year ended December 31, 2018.

Financial Highlights for the Fourth Quarter Ended December 31, 2018

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