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Magic Software Enterprises Ltd

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$19.97

0.00 (0.00%)

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Previous Close

$19.97

Day Range

$0 - $0

Previous Day Range

$19.85 - $20.5

Market Cap

$1.0 billion USD

Day Vol.

Previous Day Vol.

95571

Currency

USD

Primary Exchange

Nasdaq

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. The company generates maximum revenue from the IT Professional Services segment. IT Professiona...

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Recent News

Globe Newswire - Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results

Magic Software Enterprises reported strong financial results for the fourth quarter and full year 2024, with revenue growth and improved profitability. The company also announced a strategic merger with Matrix I.T, Israel's leading IT services company.

Related tickers: MGIC.

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N/A - Magic Software and Matrix I.T sign MOU to Consider Merger

Magic Software Enterprises Ltd. and Matrix I.T Ltd. have signed a Memorandum of Understanding for a proposed merger, where Matrix will acquire Magic's entire share capital. The combined entity is expected to have a market value of $2.1 billion and operate in around 50 countries.

Related tickers: MGIC.

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