Magic Software (MGIC) +3.5% premarket after the provider of mobile and cloud-enabled application...

|About: Magic Software Enterprises ... (MGIC)|By:, SA News Editor

Magic Software (MGIC) +3.5% premarket after the provider of mobile and cloud-enabled application and business integration platforms says Q4 revenues rose 22% Y/Y as operating and net income both jumped more than 40% over the year-ago period. EPS came in at $0.12 vs. $0.10 consensus; revenues of $30.5M were in-line. (PR)