Formula Sys (FORTY) 37.85 $FORTY Formula Systems

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Formula Sys [1985] (FORTY) 37.85 $FORTY

Formula Systems Announces Filing of Annual Report for the Year Ended December 31, 2015 and Transition to IFRS for 2016
PR Newswire - Mon May 16, 3:21PM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged primarily, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products announced today that it had filed its annual report for the year ended December 31, 2015 with the U.S. Securities and Exchange Commission.
FORTY: 37.85 (+0.61)

Sapiens Reports 20.9% Revenue Growth in Q1 2016
PR Newswire - Tue May 10, 3:07AM CDT
Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, and a member of the Formula Group (NASDAQ and TASE: FORTY), today announced its financial results for the first quarter ended March 31, 2016.
SPNS: 12.82 (+0.04), FORTY: 37.85 (+0.61)

Formula Systems Reports Fourth Quarter and Full Year Results for 2015
PR Newswire - Tue Mar 15, 4:25AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology company engaged primarily, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quarter and full year ended December 31, 2015.
FORTY: 37.85 (+0.61)

Formula Systems and IAI Agree to Acquire TSG for US$50 Million
PR Newswire - Thu Jan 14, 1:19AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a leading software consulting services, computer-based business solutions and proprietary software products holding company, today announced that Israel Aerospace Industries (IAI) and Formula have entered into a definitive agreement for the purchase of TSG - a subsidiary and the military arm of Ness Technologies, engaged in the fields of command and control systems, intelligence, homeland security and cyber security. The total purchase price in the transaction will be $50 million in cash (subject to certain adjustments), with each of IAI and Formula acquiring 50% of TSG for US$25 million (subject to certain adjustments). The consummation of the transaction is subject to, among other things, obtaining certain regulatory approvals.
FORTY: 37.85 (+0.61)

Formula Systems declares USD 0.34 dividend
M2 - Mon Jan 11, 10:15AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY) has declared a cash dividend of USD 0.34 per share and in the aggregate amount of approximately USD 5.0 million.
FORTY: 37.85 (+0.61)

Formula Systems Announces Distribution of Cash Dividend
PR Newswire - Thu Jan 07, 8:35AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a leading software consulting services, computer-based business solutions and proprietary software products holding company, today announced that its Board of Directors has declared a cash dividend in the amount of US $0.34 per share and in the aggregate amount of approximately US $5.0 million.
FORTY: 37.85 (+0.61)

Formula Systems Reports Third Quarter Results for 2015
PR Newswire - Thu Nov 12, 5:50AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology company engaged primarily, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and first nine months of 2015.
FORTY: 37.85 (+0.61)

Formula Systems Reports Second Quarter Results for 2015
PR Newswire - Thu Aug 13, 8:10AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions, today announced its results for the second quarter and first half of 2015.
FORTY: 37.85 (+0.61)

Sapiens Reports Double-Digit Revenue Growth and Improved Profitability
PR Newswire Europe - Wed Aug 05, 4:00AM CDT
- Raises 2015 Guidance for Full Year Revenue and Operating Margin
SPNS: 12.82 (+0.04), FORTY: 37.85 (+0.61)

Formula Systems Reports First Quarter Results for 2015 with Net Income of $6.2 Million
PR Newswire - Tue May 12, 3:50AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a global information technology company principally engaged, through its subsidiaries, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions, today announced its results for the first quarter of 2015.
FORTY: 37.85 (+0.61)

Sapiens Reports 12% Year-Over-Year Increase in Quarterly Revenue to $41 Million
PR Newswire - Wed May 06, 2:53AM CDT
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), today announced record financial results for the first quarter ended March 31, 2015.
SPNS: 12.82 (+0.04), FORTY: 37.85 (+0.61)

Formula Systems Reports Results for Fourth Quarter and Full Year of 2014 with Annual Net Income of $75.1 Million
PR Newswire - Thu Mar 12, 9:38AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions, today announced its results for the fourth quarter and full year ended December 31, 2014.
FORTY: 37.85 (+0.61)

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