Earnings Call Summary | Magic Software Enterprises(MGIC.US) Q1 2024 Earnings Conference
Earnings Call Summary | Magic Software Enterprises(MGIC.US) Q1 2024 Earnings Conference
The following is a summary of the Magic Software Enterprises Ltd. (MGIC) Q1 2024 Earnings Call Transcript:
以下是魔法軟件企業有限公司（MGIC）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Magic Software reported Q1 2024 revenues of $130.7 million, a decline of approximately 8.2% from the first quarter of 2023 due to significant currency fluctuations and an unexpected decline in demand for professional services from key U.S.-based customers.
Despite these challenges, the company maintained its non-GAAP operating margin at approximately 13.9% of revenues.
Magic's gross margin for Q1 2024 showed an increase, moving up by 110 basis points to reach 29.3% of revenue.
Magic Software報告稱，2024年第一季度收入爲1.307億美元，較2023年第一季度下降約8.2％，這是由於貨幣大幅波動以及美國主要客戶對專業服務的需求意外下降。
儘管面臨這些挑戰，但該公司的非公認會計准則營業利潤率仍保持在收入的13.9％左右。
萬智牌2024年第一季度的毛利率有所增長，增長了110個點子，達到收入的29.3％。
Business Progress:
業務進展：
Magic continues to focus on AI low-code, no-code, and services offerings as they are deemed critical for customer's ongoing digital transformation initiatives.
The company is exploring opportunities in cloud technology and managed services.
With a keen vision to guide businesses through optimal cloud migration strategies, Magic aims to prevent potential pitfalls.
The company considers GenAI to be a major change-agent in the cloud industry and is strategically positioned to leverage its solutions for customer benefits.
Magic繼續專注於人工智能低代碼、無代碼和服務產品，因爲它們被認爲對客戶正在進行的數字化轉型計劃至關重要。
該公司正在探索雲技術和託管服務方面的機會。
憑藉指導企業制定最佳雲遷移策略的敏銳願景，Magic旨在防範潛在的陷阱。
該公司認爲GenAI是雲行業的主要變革推動者，其戰略定位是利用其解決方案爲客戶帶來利益。
More details: Magic Software Enterprises IR
更多詳情： 魔法軟件企業投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。