Formula Systems 1985 Ltd

Formula Systems 1985 Ltd(FORTY)资讯与事件

$124.000

-1.699 (-1.37%)收盘时

FORTY 资讯

FORTY 事件

5/14 09:50

Formula Systems Announces Special Dividend of $13.045 per Share

Formula Systems announced that its board of directors has approved the distribution of a special cash dividend, based on Formula's results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200M in total. The dividend will be paid on June 4 to all of the company's shareholders of record at the close of trading on Nasdaq on May 25. The dividend will be paid in U.S dollars both with respect to the company's ordinary shares traded on the Tel Aviv Stock Exchange and its American depositary receipts traded on Nasdaq.

11/20 08:26

Formula Systems Ltd announces Q3 EPS of $1.08, down from $1.51 a year ago.

Reports Q3 revenue $696.6M vs. $563.6M last year.Commenting on the results, Guy Bernstein, CEO of Formula Systems, said: "We are very pleased to continue our strong momentum delivering solid and consistent results this quarter. Our performance underscores our sustained commitment to fostering durable growth and operational excellence across all major parts of our business lines. We take pride in our ongoing recognition as industry leaders, as we broaden and advance our capabilities in rapidly evolving technologies, including cloud, cybersecurity, digital solutions, data, DevOps and AI. These technologies enable us to provide significant value to our customers by supporting them in optimizing, accelerating and scaling their operations."

8/19 07:26

Formula Systems Ltd announces Q2 EPS of 95 cents, down from $1.20 a year ago.

Reports Q2 revenue $743.4M vs. $667.7M last year. Commenting on the results, Guy Bernstein, CEO of Formula Systems, said: "The Formula Systems group continues to demonstrate strong and consistent performance, achieving record first-half results across key financial and operational metrics, including revenues, gross profit, operating income and EBITDA. These achievements reflect our ongoing focus on driving sustainable growth and operational excellence across all of our business segments. We are proud to be continually recognized as leaders in our fields of expertise, while implementing and advancing fast-growing technologies such as cloud, cyber, digital, data, DevOps, InsureTech and AI. These technologies allow us to generate meaningful value for our customers by helping them manage, streamline, accelerate and expand their businesses. Guided by our core values of innovation, professionalism, agility and transparency, we remain committed to consistently creating value for our customers and contributing to their long-term growth."

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