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Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results

Provided By GlobeNewswire

Last update: Mar 19, 2024

OR YEHUDA, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Or Yehuda, Israel, March 19, 2024 – Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), 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 fourth quarter and full year ended December 31, 2023.

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FORMULA SYSTEMS 1985-SP ADR

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

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+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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