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MGIC Comments on the Recently Adopted PMIERs Updates
Prnewswire· 2024-08-21 23:28
MILWAUKEE, Aug. 21, 2024 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), comments on the updates by the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to the Private Mortgage Insurer Eligibility Requirements (PMIERs) Available Assets Standards. "We are proud of the critical role private mortgage insurance (MI) plays in the housing finance system. PMIERs operational and risk-based capital requirements p ...
Magic Software Enterprises(MGIC) - 2024 Q2 - Earnings Call Transcript
2024-08-14 15:57
Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ET Company Participants Asaf Berenstin - CFO Guy Bernstein - CEO Conference Call Participants Maggie Nolan - William Blair Chris Reimer - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to Magic Software Enterprises 2024 Second Quarter Financial Results Conference Calls. Magic's second quarter 2024 earnings release was issued before the market opened this morning and it has been ...
Magic Software (MGIC) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-14 12:56
Magic Software (MGIC) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this business process integration software company would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%. Over ...
Magic Software Reports Second Quarter and First Half 2024 Financial Results
GlobeNewswire News Room· 2024-08-14 10:45
OR YEHUDA, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) ("the Company"), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the second quarter and first half ended June 30, 2024. Summary Results for the Second Quarter 2024 (USD in millions, except per share data) | --- | --- | --- | --- | --- | --- | --- | |------------------|------------------|- ...
Magic Software Enterprises(MGIC) - 2024 Q2 - Quarterly Report
2024-08-14 10:20
Exhibit 99.1 PRESS RELEASE Magic Software Reports First Quarter 2024 Financial Results Or Yehuda, Israel, May 16, 2024 – Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) ("the Company"), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2024. Summary Results for the First Quarter 2024 (USD in millions, except per share data) | --- | --- | --- | --- | --- | ...
MGIC Investment Corporation Reports Second Quarter 2024 Results
Prnewswire· 2024-07-31 20:05
Second Quarter 2024 Net Income of $204.2 million or $0.77 per Diluted Share Second Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $204.9 million or $0.77 per Diluted Share MILWAUKEE, July 31, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased to report we again delivered a solid quarter of financial results. We cont ...
MGIC Investment Corporation Announces an Increase to Quarterly Dividend
Prnewswire· 2024-07-25 17:04
About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance. From time-to-time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website, and it intends to continue to d ...
Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024
Newsfilter· 2024-07-22 13:19
Management will host a conference call on Wednesday, August 14th, 2024 at 10:30 a.m. Eastern Daylight Time (17:30 p.m. Israel Daylight Time) to review and discuss Magic's results. If you are unable to join live, a replay of the call will be available on the company's website, www.magicsoftware.com. Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) is a global provider of powerful and versatile end-to-end, on-premises and cloud-based integration and low-code application development platforms and a vend ...
Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024
GlobeNewswire News Room· 2024-07-22 13:19
Or Yehuda, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and lowcode application development platforms, announced today that it will report its financial results for the second quarter of 2024 on Wednesday, August 14th ,2024. Please call the following numbers (at least 5 minutes before the scheduled time) in order to participate: If you are unable to join live, a replay of the call wil ...
MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call
Prnewswire· 2024-07-01 20:30
MILWAUKEE, July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday, August 1, 2024, to discuss the Company's results for the quarter ended June 30, 2024. Individuals interested in joining by telephone should register for the call "here" to receive the dial-in number and unique PIN to acc ...