DJ Formula Systems Earnings -2: 4Q, Year Financial Table
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2 Mar 10:37
Formula Systems Ltd. - Herzliya, Israel
4th Quar Dec. 31:
1999 1998
Revenues $88,002,000 $84,739,000
Net income 10,046,000 5,679,000
Shr earns
Net income 1.07 .59
Year:
Revenues 335,495,000 262,718,000
Net income 46,190,000 26,950,000
Shr earns
Net income 4.93 3.17
Formula Systems Ltd. (FORTY) will have a capital gain of $31 million in the
first quarter of 2000 because of a public offering of its Magic Software
Enterprises unit.
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