MGIC beat EPS expectations by 5.28%
May 22, 2025, 10:33 PM
1.22%
What does MGIC do
Magic Software Enterprises provides proprietary application development and business process integration platforms, along with IT outsourcing services. The company operates in software solutions and IT professional services, offering various platforms and vertical software packages.
Magic Software Enterprises (MGIC) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Magic Software Enterprises's actual EPS was $0.25, beating the estimate of $0.26 per share, resulting in a 5.28% surprise.
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