Formula Systems (1985) Ltd. (FORTY) revealed a profit for its first quarter that increased from last year
The company's earnings came in at $17.159 million, or $1.10 per share. This compares with $15.684 million, or $1.01 per share, in last year's first quarter.
The company's revenue for the quarter rose 4.2% to $698.401 million from $670.399 million last year.
Formula Systems (1985) Ltd. earnings at a glance (GAAP) :
-Earnings (Q1): $17.159 Mln. vs. $15.684 Mln. last year.-EPS (Q1): $1.10 vs. $1.01 last year.-Revenue (Q1): $698.401 Mln vs. $670.399 Mln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.