Magic Software (NASDAQ:MGIC) reported its Q2 earnings results on Thursday, August 11, 2022.

Here's what investors need to know about the announcement.

Earnings

Magic Software missed estimated earnings by 11.11%, reporting an EPS of $0.24 versus an estimate of $0.27.

Revenue was up $17.82 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 3.98% increase in the share price the next day.

Here's a look at Magic Software's past performance:

To track all earnings releases for Magic Software visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.