MJCO - Majesco

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.62
+0.02 (+0.17%)
As of 1:11PM EDT. Market open.
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Previous Close8.61
Open8.54
Bid8.41 x 1000
Ask8.66 x 1100
Day's Range8.47 - 8.62
52 Week Range6.03 - 10.69
Volume7,622
Avg. Volume20,006
Market Cap370.547M
Beta (3Y Monthly)0.75
PE Ratio (TTM)48.46
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wire

    Stillwater Insurance Chooses Majesco Claims for P&C on Majesco CloudInsurer™ and Majesco Enterprise Data Warehouse

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Stillwater Insurance, a U.S. insurer operating in all 50 states, selected Majesco Claims for P&C on Majesco CloudInsurer™ with Majesco Enterprise Data Warehouse for data analytics capabilities. Stillwater Insurance Group was founded in 2000 as the Fidelity National Property & Casualty Insurance Group, a branch of the Fortune 500 Company Fidelity National Financial, the country’s largest provider of commercial and residential title and mortgage services.

  • Business Wire

    Majesco Appoints Industry Trailblazer Carolyn Johnson to Its Board of Directors

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Carolyn Johnson will join its Board of Directors. Ms. Johnson joins Majesco’s Board of Directors with more than 30 years of experience in financial services, most recently serving as Chief Transformation Officer for AIG, Inc., a global insurer.

  • Business Wire

    Majesco Joins the Association of Financial Mutuals

    Majesco (MJCO), a global provider of cloud-based, core insurance platform software, has joined the Association of Financial Mutuals, the trade body which represents mutual and not-for-profit insurers, friendly societies and other financial mutuals across the UK. Majesco works extensively with over 200 insurers across all lines of business for life and non-life, including InsurTech start-ups and greenfields by providing core, innovative cloud and digital solutions to help the insurance industry and clients transform their business. New and innovative business models, products, services and channels, as well as new approaches to customer engagement are becoming the new norm for insurance, demanding agility, speed and innovation which is dramatically different from legacy insurance practices.

  • Business Wire

    Kookmin Best Insurance Company Is Live with Majesco P&C Core Suite on CloudInsurer™, Majesco Digital1st Electronic Billing and Payments™, and Majesco Enterprise Data Warehouse

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that Kookmin Best Insurance Company US Branch (KBICUS), the US operation of KB Financial Group based in South Korea, is live with Majesco P&C Core Suite on CloudInsurer™, Majesco Digital1st Insurance Electronic Billing and Payments, and Majesco Enterprise Data Warehouse.

  • Business Wire

    Majesco Positioned as a Visionary in Gartner 2019 Magic Quadrant for Life Insurance Policy Administration Systems, North America

    Majesco (MJCO), a global provider of cloud insurance platform software, today announced that it has been positioned as a “Visionary” in the August 2019 Magic Quadrant for Life Insurance Policy Administration Systems, North America. “Scalable core systems that support continuous change are critical to a stable and adaptable digital business technology platform,” says the Gartner report, authored by Richard Natale, Senior Director Analyst.

  • Business Wire

    Majesco To Present At 7th Annual Insurance Canada.ca Executive Forum

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that SVP of Strategic Marketing and Innovation and Top 50 InsurTech Influencer Denise Garth will present at the 7th Annual Insurance Canada Executive Forum in downtown Toronto on August 28, 2019. Insurance Canada.ca Executive Forum brings together industry thought leaders, pioneers who are taking advantage of new models and platforms, and businesses with products and services to help insurers compete in today’s market. In her presentation, Denise will talk about leadership and speed to accelerate a path to the future of insurance – a future where the roles for insurers and their customers have reversed, and the onus is on the insurer to meet the rapidly changing demands of their consumers.

  • Business Wire

    New Report Highlights Critical Developments That Are Accelerating Transformation in the Insurance Industry

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the release of a new research report, The Future of Insurance: Optimization, Growth and Innovation. This cohesive blend of innovation and regulation is yet another forceful driver that will help reinvent the insurance industry.

  • Business Wire

    Majesco Announces Future of Insurance: Ecosystem Partners Podcast Series

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of their Future of Insurance: Ecosystem Partners Podcast Series. In each episode, host Denise Garth, SVP of Strategic Marketing and Innovation at Majesco, talks to business leaders from InsurTechs and other innovative companies about how they’re partnering with Majesco and the industry to bring exciting technologies like chatbots, IoT, new data sources, AI/machine learning and others to insurance – and why these partnerships are rapidly becoming the way of the future. “At Majesco we continue to identify ways to provide thought provoking, engaging, inspiring and challenging insights on the fast-paced, always-changing insurance industry,” says Denise Garth.

  • Business Wire

    Majesco Reports Revenue, EBITDA and Sales Growth for First Quarter Fiscal 2020 Financial Results

    First quarter revenue of $37.3M up 10% year over year

  • Business Wire

    Majesco To Present At SVIA’s Digital Insurance Leadership Series: On Demand Insurance Workshop

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that President & Chief Product Officer Manish Shah and SVP of Strategic Marketing, Industry Relations and Innovation Denise Garth will present at the Silicon Valley Insurance Accelerator (SVIA) Digital Insurance Leadership Series: On Demand Insurance Workshop on August 7, 2019 and August 8, 2019. To kick off the Workshop on Wednesday, August 7th, Denise Garth will discuss highlights from Majesco’s primary research on emerging trends in the gig and sharing economy, customer expectations for On-Demand in insurance, and the response from InsurTechs and other industry players.

  • Business Wire

    Majesco Research Underscores a New Small-Medium Business Market Reality that Demands New Insurance Strategies to Capture the Window of Opportunity

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the release of new primary research report, Building the Business Model for the Next Generation of Small-Medium Business Leaders, based on its third annual survey of small-medium business owners (SMBs) who make or influence insurance purchase decisions for their companies. The report underscores shifts in behaviors and expectations of the SMB market that demand insurers to rethink their business to retain their customer base and capture growth opportunities emerging for a growing and underserved market of over 30 million SMBs, which comprise over 99% of all businesses in the U.S. “Embracement of digital technologies, new SMB market opportunities and the generational shift and influence of Millennials and Gen Z are rapidly redefining how insurers must engage and respond,” commented Denise Garth, SVP of Strategic Marketing, Industry Relations and Innovation at Majesco.

  • Business Wire

    Majesco CEO Adam Elster Presents at Needham & Company’s Emerging Technology Conference and B. Riley’s Annual Investor Conference

    They include B. Riley’s Annual Investor Conference taking place today in Beverly Hills, CA and Needham & Company’s Emerging Technology Conference, which was hosted in New York, NY on May 21, 2019. “I am thrilled to share Majesco’s compelling market opportunity with the investors at these two conferences,” said CEO Adam Elster. “Majesco is already known in the industry for its strength in completeness of vision and capability.

  • Business Wire

    Majesco Announces Record Fourth Quarter and Full Year Fiscal 2019 Results

    Fourth quarter revenue of $36.9M up 11.9% year over yearFull year revenue of $139.9M up 13.7% year over yearFourth quarter cloud revenue of $16.3M up 54.9% year over yearFull year

  • Business Wire

    Majesco Announces Webcast for Investor Day 2019

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation today announced that it will webcast the formal portion of its Investor Day live from the Nasdaq MarketSite in Times Square, New York on Wednesday, May 8, 2019. Over the course of the event, Majesco’s senior leadership team will lay out the company’s growth strategy and articulate the market opportunities for the Majesco brand.

  • Business Wire

    Capgemini and Majesco Become Alliance Partners

    Capgemini today announced it has signed an alliance partner agreement with Majesco (MJCO), a global leader of core insurance software for insurance business transformation. In the agreement, Capgemini will bring its extensive insurance innovation, customer service and digital capabilities to implementations of the Majesco Life & Annuity (L&A) and Group Core Suite for insurance carriers in the life, annuity, group, worksite, and voluntary benefits market, helping them to achieve speed to value. “Disruption is creating unprecedented growth and innovation opportunities in the insurance industry,” said Seth Rachlin, Chief Innovation Officer for Insurance, at Capgemini. Capgemini already has implementations underway of the Majesco L&A and Group Core Suite, which includes policy, billing, and claims modules.

  • Business Wire

    Majesco to Report Fiscal 2019 Fourth Quarter and Full Year Financial Results on May 8, 2019

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that the Company will report its fiscal 2019 fourth quarter and full year financial results before the market opens on Wednesday, May 8, 2019. Majesco leadership will conduct a live teleconference to discuss Majesco’s fiscal 2019 fourth quarter and full year financial results at 8:00 a.m. ET on Wednesday, May 8, 2019.

  • Business Wire

    Majesco to Announce Three-Year Strategic Plan at May 8th Investor Day at Nasdaq

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, will host its annual Investor Day at the Nasdaq MarketSite in Times Square, New York from 1:00 to 5:30 pm, with a cocktail reception immediately following.

  • Business Wire

    Foresters Friendly Society to Replatform its Legacy Systems with Majesco LifePlus Solutions in the Cloud

    Majesco (MJCO), a global provider of cloud insurance software solutions for insurance business transformation, is delighted to announce that it has signed an agreement with Foresters Friendly Society to deliver full, end-to-end policy lifecycle support for their digital strategy. The Society will implement Majesco’s SaaS solutions, including Life AdminPlus, Life DistributionPlus, and Life IllustratePlus, to meet their strategic business objectives. Foresters Friendly Society chose Majesco for its end-to-end capabilities that will equip the Society with future-proofed technology that enhance its digital capability to meet the emerging challenges it faces in a dynamic marketplace.

  • Business Wire

    Majesco Crushes Attendance Records at Convergence 2019, Unveils New Brand and Strategy for the Future of Insurance, and Announces Major Product Enhancements and Strategic Partnerships

    Majesco (MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that its annual customer conference crushed attendance records, growing nearly 50%. Attendees included industry influencers from insurers, reinsurers, brokers, MGAs and InsurTechs and business leaders from insurance and beyond. CEO Adam Elster’s keynote focused on Majesco’s vision, strategy and overall brand position, emphasizing the company’s promise and focus on helping insurers build the next generation of their businesses and the industry at speed and scale.