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November 7, 2018 – By Catherine Smith

Magic Software Enterprises Ltd. (NASDAQ: MGIC) is expected to announce its winnings on November 13 before the open., As reported by Faxor. Analysts forecast US $ 0.16, which is $ 0.04 higher or 33.33% from US $ 20.17 0.12 EPS. In the event of a $ 0.16 profit, MGIC's profit could reach $ 7.80 million. Wall Street analysts see an increase of 0.00% in Magic Software Enterprises' earnings compared to $ 0.16 in the previous quarter. The stock rose by 1.17% or $ 0.1 during the last trading session, to $ 8.68. Magic Software Enterprises Ltd. has a volume of 5.313 shares. Since November 7, 2017, MGIC has grown by 7.74% and is upward. The stock showed a lower performance than S & P500 by 7.88%.

Magic Software Enterprises Ltd. provides proprietary application development, business process integration and vertical software solutions and related professional services to Israel and internationally. The company has a maximum purchase limit of $ 423.22 million. The software sector of the company develops, markets, sells and supports an exclusive and non-exclusive application platform, software applications and business and process integration solutions and related services.21.86 is the P / E ratio. IT services in the fields of design and delivery of infrastructure, application development, technology design and implementation services and communication and solution services as well as complementary outsourcing services.

Two new news for Magic Software Enterprises Ltd (NASDAQ: MGIC) was announced shortly by Globenewswire.com on October 16, 2018, entitled "Magic to Announce Third Quarter 2018 Financial Results on November 13, 2018". The other article of Nasdaq.com was entitled "Report: Expanding Opportunities within Just Energy Group, Tetra Technologies, Domtar, MacroGenics, ObsEva SA …" and was announced on October 19, 2018.