Formula Systems (FORTY) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Formula Systems has announced record-breaking financial results for the second quarter and first half of 2024, with year-over-year increases in operating income and net income for both periods. The company has also declared a cash dividend payment for shareholders, reflecting its strong performance and continued growth in the IT solutions market. Despite a challenging macroeconomic environment, the company’s subsidiaries have reported robust growth, demonstrating resilience and operational excellence.
For further insights into FORTY stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue