India, May 22 -- Formula Systems (1985) Ltd. (FORTY) reported a profit for its first quarter that increased from last year
The company's bottom line came in at $19.31 million, or $1.23 per share. This compares with $17.15 million, or $1.10 per share, last year.
The company's revenue for the period rose 8.1% to $754.68 million from $698.40 million last year.
Formula Systems (1985) Ltd. earnings at a glance (GAAP) :
-Earnings: $19.31 Mln. vs. $17.15 Mln. last year.-EPS: $1.23 vs. $1.10 last year.-Revenue: $754.68 Mln vs. $698.40 Mln last year.
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