OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Magic Software Enterprises Ltd. (MGIC) on Wednesday reported profit of $9.9 million in its second quarter.
On a per-share basis, the Or Yehuda, Israel-based company said it had profit of 20 cents. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The business process integration software company posted revenue of $151.6 million in the period.
Magic Software expects full-year revenue in the range of $600 million to $610 million.
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