Magic Software (MGIC) Q2 Earnings and Revenues Beat Estimates

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 ...