Formula Systems: Q4 Earnings Snapshot
By AP News
Published - Mar 19, 2024, 07:42 AM ET
Last Updated - Mar 19, 2024, 07:42 AM EDT
OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Tuesday reported earnings of $15.7 million in its fourth quarter.
The Or Yehuda, Israel-based company said it had net income of $1.01 per share.
The information technology company posted revenue of $640.3 million in the period.
For the year, the company reported profit of $64 million, or $4.12 per share. Revenue was reported as $2.62 billion.
