Magic Software Enterprises Reiterated FY24 Revenue Of $540M-$550M Vs $544.42M Est
Portfolio Pulse from Benzinga Newsdesk
Magic Software Enterprises has reiterated its FY24 revenue guidance of $540 million to $550 million, aligning closely with the $544.42 million estimate.
August 14, 2024 | 10:25 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Magic Software Enterprises has reiterated its FY24 revenue guidance of $540 million to $550 million, which aligns closely with the $544.42 million estimate.
The reiteration of revenue guidance within the expected range provides stability and confidence to investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100