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Magic Software Enterprises Ltd.'s (MGIC) CEO Guy Bernstein on Q4 2020 Results - Earnings Call Transcript

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Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q4 2020 Earnings Conference Call March 8, 2021 10:00 AM ET

Company Participants

Asaf Berenstin - Chief Financial Officer

Guy Bernstein - Chief Executive Officer

Yuval Lavi - Vice President, Technology & Innovation

Conference Call Participants

Ted Starck-King - William Blair

Tavy Rosner - Barclays

Kevin Dede - H.C. Wainwright


Welcome to Magic Software Enterprises 2020 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 conference is being recorded.

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

Before we start, 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 Magic Software Investor Relations section of the company website.

I would now like to turn over the call to Mr. Asaf Bernstein, CFO of Magic Software. Please go ahead.

Asaf Berenstin

Thank you, operator, and thank you, everyone, for joining

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