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MGIC Stock Earnings: Magic Software Beats EPS, Beats Revenue for Q1 2024

by Ron Finklestien

Published On: May 16, 2024 10:24 pm

MGIC stock - MGIC Stock Earnings: Magic Software Beats EPS, Beats Revenue for Q1 2024

Source: iQoncept / Shutterstock

Magic Software (NASDAQ:MGIC) just reported results for the first quarter of 2024.

Magic Software reported earnings per share of 23 cents. This was above the analyst estimate for EPS of 21 cents.
The company reported revenue of $130.72 million.
This was 2.09% better than the analyst estimate for revenue of $128.04 million.

InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at [email protected].

Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/05/mgic-stock-earnings-magic-software-for-q1-of-2024/.

MGIC Stock Earnings: Magic Software Beats EPS, Beats Revenue for Q1 2024

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