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COMPANY RESULT: FORMULA SYSTEMS INC.


Formula Systems Inc, the Herzlia Herzlia: see Herzliya, Israel. , Israel Israel, in the Bible
Israel (ĭz`rēəl, ĭz`rāəl) [as understood by Hebrews,=he strives with God], according to the book of Genesis, name given to Jacob as eponymous ancestor of the Hebrews, the chosen people of God.
 software and services company, has reported third quarter net profits down 38.7% at $3.6m on revenues up 11.3% at $73.8m; nine-month net profits rose 42.6% to $21.7m on revenues up 86.6% at $181.8m. Net earnings per share fell 48.7% to $0.40 in the quarter, up 31.1% to $2.65 in the nine months. The third quarter last year included a $5.5m gain on realization (specification) realization - A UML semantic relationship between a classifier that specifies a contract and another classifier that guarantees to carry it out.

[Handout by Mr. David Gillibrand].
 of shareholdings. The company reports in US dollars.
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Publication:Computergram International
Date:Nov 18, 1998
Words:90
Previous Article:COMPANY RESULT: APPLIED MATERIALS INC.
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