Edition:
India

Formula Systems 1985 Ltd (FORTY.OQ)

FORTY.OQ on NASDAQ Stock Exchange Global Select Market

42.60USD
20 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Sapiens International reports Q3 EPS $0.06
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Sapiens International Corporation NV :Sapiens reports solid improvement in third quarter 2017 financial results.Q3 earnings per share $0.06.Sees FY 2017 revenue $265 million to $275 million.Q3 revenue $73.9 million versus I/B/E/S view $71.5 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Qtrly ‍non-gaap earnings per share $0.13​.Maintaining guidance for FY 2017 revenues of $265 to $275 million, which co now expects to be on higher end​.Sapiens International Corp- ‍maintaining expectations for FY operating profit margin between 9-10% , which co now expects to be on lower end of guidance​.  Full Article

Formula Systems Q2 EPS $0.45
Thursday, 18 Aug 2016 

Formula Systems 1985 Ltd: Formula Systems reports second quarter results for 2016 . Q2 revenue rose 7 percent to $259.1 million .$215 million, reflecting a revised annual growth rate of 18%-20%.  Full Article

Sapiens Q2 GAAP earnings per share $0.11
Thursday, 4 Aug 2016 

Sapiens International Corporation Nv : Q2 revenue $53 million versus i/b/e/s view $50.8 million . Q2 gaap earnings per share $0.11 . Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Sapiens reports q2 2016 financial results . Q2 non-gaap earnings per share $0.13 . Sees fy 2016 revenue $211 million to $215 million . Fy2016 revenue view $209.9 million -- Thomson Reuters I/B/E/S .Raises fy guidance to revenues of $211 to $215 million, or annual growth of 18%-20%, up from prior guidance of $207 to $211 million.  Full Article

Formula Systems announces filing of annual report for the 2015
Tuesday, 17 May 2016 

Formula Systems 1985 Ltd :Formula systems announces filing of annual report for the year ended december 31, 2015 and transition to ifrs for 2016.  Full Article

Sapiens reports 20.9% revenue growth in q1 2016
Tuesday, 10 May 2016 

Sapiens International Corporation Nv : Q1 non-gaap revenue of $49.6 million , up 20.9% compared to $41.0 million in q1 of 2015 . Confident in to deliver full-year 2016 revenue in line with our guidance of $207 million to $211 million . Sapiens reports 20.9% revenue growth in q1 2016 . Q1 non-gaap earnings per share $0.12 . Q1 revenue $49.6 million versus i/b/e/s view $48.4 million .Q1 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Migdal Insurance & Financial Holdings ltd reports 4.97 percent passive stake in formula systems 1985

* Migdal Insurance & Financial Holdings Ltd reports 4.97 percent passive stake in Formula Systems 1985 Ltd as of October 18, 2017 - ‍​SEC filing Source text (http://bit.ly/2zMR5t2) Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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