Formula Sys (1985) Q2 EPS $1.20 Up From $1.11 YoY, Sales $667.68M Up From $655.37M YoY
Portfolio Pulse from Benzinga Newsdesk
Formula Systems (1985) reported a year-over-year increase in Q2 earnings per share (EPS) from $1.11 to $1.20 and an increase in sales from $655.37 million to $667.68 million.
August 20, 2024 | 11:46 am
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Formula Systems (1985) reported improved Q2 financial results with EPS increasing to $1.20 and sales rising to $667.68 million, indicating positive business performance.
The increase in both EPS and sales suggests strong financial performance, which is likely to positively impact the stock price in the short term. The results indicate growth and operational efficiency, which are favorable for investors.
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