Magic Software Enterprises(MGIC) - 2023 Q3 - Quarterly Report

Exhibit 99.1 PRESS RELEASE (*) Attributable to Magic Software's shareholders. Financial Highlights for the Second Quarter Ended June 30, 2023 ● Revenues for the Second quarter of 2023 increased by 0.4% to a record-breaking second quarter result of $137.6 million, compared to $137.0 million in the same period of the previous year. On a constant currency basis (calculated based on average currency exchange rates for the three months ended June 30, 2022), revenues for the second quarter of 2023 would have incr ...