Magic Software Enterprises Ltd. (MGIC) Q2 2024 Earnings Call Transcript Summary
Magic Software Enterprises Ltd. (MGIC) Q2 2024 Earnings Call Transcript Summary
Gross margin slightly decreased to 29.4% from 30.3% year-over-year, influenced by a shift in revenue mix and acquisition activities.The following is a summary of the Magic Software Enterprises Ltd. (MGIC) Q2 2024 Earnings Call Transcript:
以下是Magic Software Enterprises Ltd. (MGIC) Q2 2024業績會議記錄摘要:
Financial Performance:
金融業績：
Magic Software reported Q2 2024 revenue of $136.3 million, a slight decrease of 1% year-over-year, but an increase on a constant currency basis.
Non-GAAP operating margin remained stable at 13.4%, reflecting efficient cost management.
Gross margin slightly decreased to 29.4% from 30.3% year-over-year, influenced by a shift in revenue mix and acquisition activities.
Non-GAAP net income decreased by 13.6% to $11.7 million, with diluted earnings per share at $0.24.
Magic Software報告Q2 2024年營業收入爲$13630萬，同比略微下降1％，但按恒定貨幣計算增長。
非通用會計準則的營業利潤率爲13.4％，保持穩定，反映出有效的成本管理。
毛利率從去年的30.3％略微下降到29.4％，受收入組合變化和收購活動的影響。
非通用會計準則的淨利潤下降13.6％至$1170萬，每股攤薄收益爲$0.24。
Business Progress:
業務進展：
Acquired Theoris, Inc., enhancing North American operations and broadening IT and engineering consulting services.
Notable growth in Israeli operations with a revenue increase of 12.6%, demonstrating strong regional performance.
Continued investment in cloud-based platforms and managed services, contributing to a robust suite of digital transformation solutions.
收購了Theoris，Inc.，增強了北美業務，並擴展了IT和工程諮詢服務。
以色列運營業績顯著增長12.6％，展現了強勁的區域型表現。
持續投資於基於雲的平台和託管服務，爲強大的數字轉型解決方案做出貢獻。
Opportunities:
機會：
Potential for growth in U.S. operations with improving economic conditions.
Leveraging acquisitions like Theoris, Inc. for geographic and service expansion in North America.
隨着經濟狀況的改善，美國業務的增長潛力巨大。
利用收購如Theoris，Inc.在北美地理和服務擴展方面的優勢。
Risks:
風險：
Ongoing challenges in North America due to macroeconomic conditions and customer-specific issues affecting demand for professional services.
由於宏觀經濟條件和影響專業服務需求的客戶特定問題，北美地區仍面臨持續挑戰。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
