Formula Systems (1985) Ltd. (FORTY) revealed a profit for its fourth quarter that increased from last year
The company's bottom line came in at $20.054 million, or $1.28 per share. This compares with $15.713 million, or $1.01 per share, last year.
The company's revenue for the period rose 8.0% to $691.499 million from $640.291 million last year.
Formula Systems (1985) Ltd. earnings at a glance (GAAP) :
-Earnings: $20.054 Mln. vs. $15.713 Mln. last year.-EPS: $1.28 vs. $1.01 last year.-Revenue: $691.499 Mln vs. $640.291 Mln last year.
For the second half of 2024, the Board will pay a cash dividend of 3.45 New Israeli Shekels per share on May 14 to shareholders of record as of April 30.
For comments and feedback contact: editorial@rttnews.com
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.