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Magic Software Enterprises Ltd. (NASDAQ:MGIC) stated Monday that it will announce its financial results for the third quarter of 2025 on November 18. The company, based in Or Yehuda, Israel, disclosed the planned release in a statement included in a filing with the Securities and Exchange Commission. The announcement comes as MGIC shares trade at $25.21, having rebounded 20.21% over the past six months despite a year-to-date decline of 10.59%. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value assessment, with a healthy dividend yield of 3.17%.
No additional details regarding the upcoming results or the format of the announcement were provided in the filing. Investors following Magic Software may note that the company has demonstrated strong revenue growth of 20.29% over the last twelve months, with an overall financial health rating of "FAIR" according to InvestingPro’s comprehensive scoring system. The information is based on a press release statement from Magic Software Enterprises Ltd.Want deeper insights before the earnings announcement? InvestingPro offers additional financial metrics and exclusive ProTips to help you make more informed investment decisions.
In other recent news, UPS has finalized its acquisition of the Canadian healthcare logistics provider Andlauer Healthcare Group for USD $1.6 billion. This all-cash deal aims to enhance UPS Healthcare’s cold chain capabilities across North America and globally. Meanwhile, Coca-Cola Europacific Partners continues its share buyback program, purchasing significant quantities of shares on both US and UK trading venues. The company confirmed the repurchase of over 70,000 shares on multiple occasions, with all acquired shares set to be canceled.
In corporate developments, Tribal Rides International has changed its name to SUPA Consolidated Inc. and appointed new executive leadership. This change has been approved by the company’s board and shareholders, and the necessary amendments have been filed with the Nevada Secretary of State. Additionally, Kamada Ltd. has scheduled its Annual General Meeting of Shareholders for December 10, 2025, at its offices in Rehovot, Israel. The notice and proxy materials for the meeting have been filed with the U.S. Securities and Exchange Commission.
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