Provided By GlobeNewswire
Last update: Aug 20, 2024
OR YEHUDA, Israel, Aug. 20, 2024 (GLOBE NEWSWIRE) -- 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 second quarter and first half period ended June 30, 2024.
NASDAQ:FORTY (7/11/2025, 8:14:31 PM)
133.45
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FORMULA SYSTEMS (NASDAQ:FORTY) meets key quality investing criteria with strong ROIC, EBIT growth, and solid cash flow. A neutral valuation and improving margins make it worth further research.