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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