OR YEHUDA, Israel (AP) _ Formula Systems (1985) Ltd. (FORTY) on Thursday reported second-quarter profit of $7.6 million.
The Or Yehuda, Israel-based company said it had profit of 51 cents per share.
The information technology company posted revenue of $363.5 million in the period.
Formula Systems shares have decreased 12 percent since the beginning of the year. The stock has declined 1.5 percent in the last 12 months.
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