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Formula Systems 1985 (NASDAQ:FORTY) announced its earnings results on Wednesday. The company reported $3.99 earnings per share (EPS) for the quarter, American Banking News reports. The company had revenue of $173.50 million for the quarter, compared to the consensus estimate of $188.77 million.

Formula Systems 1985 (NASDAQ:FORTY) opened at 30.0899 on Wednesday. Formula Systems 1985 has a 1-year low of $20.82 and a 1-year high of $33.79. The stock’s 50-day moving average is $30.61 and its 200-day moving average is $27.04. The company has a market cap of $442.9 million and a P/E ratio of 5.08.

Formula Systems (NASDAQ:FORTY) Ltd.

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