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Formula Systems Reports Fourth Quarter and full year 2020 Financial Results with Annual Net .
Formula Systems (1985) Ltd.March 17, 2021 GMT
OR YEHUDA, Israel, March 17, 2021 (GLOBE NEWSWIRE) Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quarter and full year ended December 31, 2020.
Financial Highlights for the Fourth Quarter Ended December 31, 2020
Consolidated revenues for the fourth quarter increased by 21.2% to a record breaking $543.2 million. Revenues for the fourth quarter ended December 31, 2019 amounted to $448.2 million. ....

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