Israeli company Magic Software Enterprises Ltd says it expects its preliminary sales revenues for the first quarter ended March 31 to be 50% up on last year at over $4m, but it will have a first quarter loss of about $700,000 on its investment portfolio, which will affect the net profit for the period.
Israeli company Magic Software Enterprises Ltd says it expects its preliminary sales revenues for the first quarter ended March 31 to be 50% up on last year at over $4m, but it will have a first quarter loss of about $700,000 on its investment portfolio, which will affect the net profit for the period.
