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Formula Systems: Q3 Earnings Snapshot

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OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Thursday reported net income of $23.6 million in its third quarter.

The Or Yehuda, Israel-based company said it had profit of $1.51 per share.

The information technology company posted revenue of $699.9 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FORTY at https://www.zacks.com/ap/FORTY