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Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q4 2019 Results - Earnings Call Transcript

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Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q4 2019 Results Earnings Conference Call March 9, 2020 11:00 AM ET

Company Participants

Guy Bernstein - CEO

Asaf Berenstin - CFO

Yuval Lavi - VP of Technology and Innovation

Conference Call Participants

Tavy Rosner - Barclays

Ted Starck-King - William Blair


Welcome to Magic Software Enterprises 2019 Fourth Quarter Financial Results Conference Call. At this time, all participants are in a listen only mode. A brief question-and-answer session will follow the formal presentation [Operator instructions]. As a reminder, this call is being recorded.

With us on line today are Magic's CEO, Mr. Guy Bernstein; Magic's CFO, Mr. Asaf Berenstin; Magic's VP of Technology and Innovation, Mr. Yuval Lavi. Magic quarterly earnings release was issued before the market opened this morning, and it has been posted on the company's Web site at www.magicsoftware.com.

Before we begin, I would like to remind everyone that this conference call may contain projections or other forward-looking statements. The Safe Harbor provision provided in the press release issued today also applies to the content of this call. Magic expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in its views or expectations, or otherwise.

Also during the course of today's call, management will refer to non-GAAP financial measures. A reconciliation schedule showing GAAP versus non-GAAP results has been provided in the press release issued before the market opened this morning. A replay of this call will be available after the call on our Investor Relations section of the company's Web site.

I will now turn the call over to Mr. Asaf Berenstin, CFO of Magic Software. Please go ahead.

Asaf Berenstin

Thank you, Elana. And thank you everyone for joining us today as we report our fourth quarter

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