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Magic Software Enterprises Deutschland GmbH Lise-Meitner-Str. 3 85737 Ismaning (München), Germany http://www.magicsoftware.com
Contact Ms Alexandra Rudhart +49 89 53295734
Company logo of Magic Software Enterprises Deutschland GmbH
Magic Software Enterprises Deutschland GmbH

Magic Software Announces Second Quarter Results With Year-Over-Year 22% growth in Net Profit and 21% Increase in License Revenue

(PresseBox) (Or Yehuda, Israel, )
Magic Software Enterprises Ltd. (Nasdaq: MGIC), a leading provider of state-of-the-art business integration and development technology, reported today its results for the quarter ended June 30, 2004, showing year-over-year growth of 22% in net profit and a 21% increase in licenses revenue.

Second Quarter Results
Second quarter revenues were $16.67 million, a 9% increase over $15.30 million achieved in the comparable quarter of 2003. License sales for the quarter reached $5.48 million, an increase of 21% over $4.53 million recorded in the same quarter of 2003. Application sales were $1.78 million, an increase of 7% over $1.66 million achieved
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.