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Formula Systems Reports First Quarter 2022 Financial Results: Record-Breaking Net Income of $16.2 Million

Provided By Globe Newswire

Last update: May 18, 2022

Or Yehuda, Israel, May 18, 2022 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq: FORTY), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2022.

Read more at globenewswire.com

FORMULA SYSTEMS 1985-SP ADR

NASDAQ:FORTY (5/30/2025, 8:00:00 PM)

110

+1.5 (+1.38%)



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ChartMill News Image7 days ago - ChartmillFORMULA SYSTEMS 1985-SP ADR (NASDAQ:FORTY) – A Quality Stock Worth Considering

FORMULA SYSTEMS (NASDAQ:FORTY) meets key quality investing criteria with strong ROIC, EBIT growth, and solid cash flow conversion, making it a stock worth further research.

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