TASE:FORTYIT
Formula Systems (TASE:FORTY) Margin Compression Challenges Bullish IT Platform Narrative
Formula Systems (1985) (TASE:FORTY) has reported fresh FY 2025 numbers, with third quarter revenue of US$696.6 million and EPS of US$0.76, set against a trailing twelve month revenue base of about US$3.0 billion and EPS of US$4.90. Over recent quarters the company has seen revenue range from US$667.7 million to US$749.0 million and quarterly EPS move between US$0.76 and US$1.54, alongside trailing net income of US$74.9 million and a net margin of 2.5% compared with 2.8% a year earlier. With...