| 2011 |
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December 1, 2011
Notice Of Annual General Meeting Of Shareholders To Be Held On January 8, 2012
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November 10, 2011
Formula Systems Reports Third Quarter Results for 2011
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November 9, 2011
Sapiens Reports Q3 2011 Results: Q3 Revenues Grow 35% Year Over Year
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November 2, 2011
Magic Software Breaks Performance Records with Q3 Revenue of $30 Million and Net Income of $4 Million, an Increase of 60% Year over Year
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August 21, 2011
Sapiens, FIS and IDIT Complete Merger Transaction
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August 18, 2011
Formula Systems Reports Second Quarter Results for 2011
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August 10, 2011
Sapiens Reports Q2 2011 Results: Q2 2011 Year Over Year Revenues Grow 14%; Net Income Grows 15%
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August 3, 2011
Magic Software Reports Record-Breaking Performance with $3.5 Million Net Profit, an Increase of 84% Year over Year
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July 21, 2011
Sapiens, IDIT and FIS Sign Definitive Agreement to Merge; Merged Company to Become a Major Global Insurance Solutions Provider
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May 17, 2011
Formula Systems Announces Distribution of Cash Dividend
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May 12, 2011
Formula Systems Reports First Quarter Results for 2011:
OPERATING INCOME INCREASED BY 11% TO REACH $12.2MILLION
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May 12, 2011
SAPIENS Reports Q1 2011 Results: Revenues Grow 12% In Q1 2011 Year Over Year
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April 28, 2011
Magic Software Reports Record-Breaking Operating Results in the First Quarter of 2011
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March 18, 2011
Formula Systems Reports Fiscal Year 2010 Results; Revenues in 2010 Increased by 17%; Operating Income in 2010 increased by 27%; Net Income From Continuing Operation in 2010 Increased by 29%
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February 22, 2011
Sapiens Reports 25% Revenue Growth in Q4 2010 Reaching $14.7M;
2010 Non-GAAP Operating Profit Reached $8.3M
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February 2, 2011
Magic Software Reports Record Results for Q4 and Full Year
2010
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| 2010 |
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December 2, 2010
Formula Reports of a Change in the Board of Directors
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November 22, 2010
Formula Systems Reports Third Quarter Results for 2010
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November 8, 2010
Sapiens Announces Growth in Revenue and Net Profits for Q3 2010
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November 3, 2010
Magic Software Triples Operating Profits for Third Quarter of 2010
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September 3, 2010
NOTIFICATION OF CHANGE OF CONTROL IN FORMULA SYSTEM (1985) LTD.
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August 17, 2010
Formula Systems Reports Second Quarter Results for 2010
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August 11, 2010
Sapiens Announces Impressive Double Digit Revenue & Profit Growth for Q2 2010
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August 2, 2010
Magic Software Reports Continued Strong Growth for Second Quarter of 2010
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May 17, 2010
Formula Systems Reports First Quarter Results for 2010
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May 13, 2010
SAPIENS REPORTS 11% REVENUE GROWTH IN Q1 2010;
In April 2010 Sapiens completed the acquisition of Harcase, a provider of insurance software for the P&C market
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April 26, 2010
Magic Software Reports Strong Results for Q1 2010: Revenues of $19.7M; Net Income More than Doubles to $2.1M (Non-GAAP) and $1.9M (GAAP)
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March 22, 2010
Formula Systems Reports Fourth Quarter and Fiscal Year 2009 Results; Annual Net Income Increased by 61% to $19.1 million; Following the results, the Company will distribute a dividend of $1.47 per share
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March 10, 2010
Sapiens Reports Strong Q4 net Profit in 2009;
Non Gaap 2009 Annual Operating Profit of $6.53 million
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February 10, 2010
Magic Software Reports Q4 and Full Year 2009 Results: Annual Net Profits Increased to $6.2 million along with Improved Operations
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| 2009 |
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November 18, 2009
Formula Systems Reports Third Quarter Results
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November 11, 2009
Sapiens Reports Strong Q3 2009 Results
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November 4, 2009
Magic Software Reports Results for the Third Quarter of 2009
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October 22, 2009
Formula Systems Announces the Sale of its Subsidiary nextSource
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August 25, 2009
Formula Systems Reports Second Quarter Results
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August 20, 2009
Sapiens Reports Strong Q2 2009 Results
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August 4, 2009
Magic Software Reports Results for the Second Quarter 2009
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July 6, 2009
Formula Announces Filing of Draft Prospectus in Israel
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May 26, 2009
Magic Software Announces Two New Contract Wins in Eastern Europe
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May 19, 2009
Formula Systems Reports First Quarter Results
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May 18, 2009
Sapiens Reports Strong Q1 2009 Results
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May 11, 2009
Magic Software Reports Results for the First Quarter 2009
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March 30, 2009
Formula Systems Reports Fourth Quarter and Fiscal Year 2008 Results
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March 4, 2009
Sapiens Reports Strong Q4 2008 Performance with Increased Net Income and Sales Growth
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February 18, 2009
Magic Software Reports Record 2008 Results:
Net Profit Quadruples on Increased Sales
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| 2008 |
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November 25, 2008
Formula Systems Reports Third Quarter 2008 Results
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November 25, 2008
Formula Systems Reports Third Quarter 2008 Results
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November 19, 2008
Sapiens Announces Q3 2008 Results with Net Income for the First Time After Several Years of Net Losses
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November 10, 2008
Magic Software Reports Strong Q3 2008 Results with Continued Revenue Momentum and Increased Profits
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August 25, 2008
Formula Systems Reports Second Quarter Results
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August 18, 2008
Sapiens Announces Appointment of Industry Veteran Eyal Ben-Chelouche to Board of Directors
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August 13, 2008
Sapiens Announces Q2 2008 Results
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August 7, 2008
Momentum Building for Magic Software: Record Revenues of $16 Million and Net Income of $1.7 Million for Q2 2008
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August 6, 2008
Sapiens Announces Launch of Microsoft based Technology
Platform and Estimates $2 Million to $3 Million Revenues
from the Product in the First Year
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May 30, 2008
Sapiens, Millbrook and IBM to offer on demand Business Intelligence to Small and Mid-Sized Insurance Carriers
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May 27, 2008
Formula Systems Reports First Quarter Results
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May 21, 2008
Magic Software Reports Financial Results for Q1 2008
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May 20, 2008
Magic Software outperforms the industry with its new, revolutionary
Rich Internet Application Platform
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May 20, 2008
Sapiens Announces Q1 2008 Results
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April 1, 2008
Sapiens Forms Partnership with CGI Providing Carriers a Complete Insurance Administration Suite with CGI’s Ratabase® Rating Solution
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March 17, 2008
Formula Systems Reports Fourth Quarter and Fiscal Year 2007 Results
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March 13, 2008
Sapiens Announces Q4 2007 and Year-End Results
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February 28, 2008
Magic Software Reports Record Q4 Revenues: 5th Consecutive Quarter of Top Line Growth, 4th Consecutive Quarter of Profitability Yield Profit for Full-Year 2007
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February 20, 2008
Magic Software Announces a One-Week Postponement
in the Publication of its 2007 Q4 and Full Year Earnings Release
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February 19, 2008
Magic Software Unveils a New Roadmap for its
Application Platform Technology
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February 4, 2008
Magic Software to Report 2007 Fourth Quarter and Full Year Financial Results
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January 22, 2008
Formula Systems announces the appointment of Guy Bernstein as Chief Executive Officer of Formula Systems replacing Gad Goldstein
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