Formula Systems (1985) Ltd. (FORTY) reported a profit for its second quarter that increased from last year
The company's earnings totaled $18.839 million, or $1.20 per share. This compares with $17.021 million, or $1.11 per share, in last year's second quarter.
The company's revenue for the quarter rose 1.9% to $667.7 million from $655.4 million last year.
Formula Systems (1985) Ltd. earnings at a glance (GAAP) :
-Earnings (Q2): $18.839 Mln. vs. $17.021 Mln. last year.-EPS (Q2): $1.20 vs. $1.11 last year.-Revenue (Q2): $667.7 Mln vs. $655.4 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.