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How Magic Software’s Record Q3 and Matrix Merger Set the Stage for 2026
Yahoo Finance· 2025-12-09 00:08
Magic Software Enterprises Ltd. (NASDAQ:MGIC) is one of the best-performing small-cap tech stocks in the past three years. On November 18, the company posted record Q3 revenue of $161.7 million, up 13.1% year-over-year, powered by demand across its IT consulting and enterprise software services. Despite a stable gross margin at 27.3%, the company tightened the screws operationally: GAAP operating income rose 13.6% to $17.1 million, while non-GAAP operating profit hit $19.9 million, up 8.1% from the prior ...