Formula Systems: 3Q Earnings Snapshot
OR YEHUDA, Israel (AP) _ Formula Systems (1985) Ltd. (FORTY) on Tuesday reported third-quarter profit of $9.8 million.
The Or Yehuda, Israel-based company said it had profit of 63 cents per share.
The information technology company posted revenue of $449 million in the period.
Formula Systems shares have climbed 92% since the beginning of the year. The stock has increased 85% in the last 12 months.