Episode Details

Formula Systems, an Israel-based IT firm, reported a strong Q4 with a net income of $554.8M, or $35.03 per share. Adjusted earnings stood at $0.27 per share, with revenue reaching $708.4M. The companys IT services performed well, and the results reflect steady demand in the tech sector. For the full year, profits totaled $606.5M, or $38.39 per share, with revenue at $2.63B. Formula Systems concludes a robust year on a high note, setting the stage for future operations.

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