OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Thursday reported profit of $20.1 million in its fourth quarter.
On a per-share basis, the Or Yehuda, Israel-based company said it had net income of $1.28.
The information technology company posted revenue of $691.5 million in the period.
For the year, the company reported profit of $79.7 million, or $5.09 per share. Revenue was reported as $2.76 billion.
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