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IBDvalueinvestin (99.66)

The highest growth rate of any cloud computing stock under $10 that I could find in my search.

Recs

5

March 30, 2011 – Comments (1) | RELATED TICKERS: MGIC , APKT.DL , AMZN

You don't come across too many companies growing Revenues at 73% too often.

Whats the name Magic Software and its Software is doing actual Magic to its Earnings :

Fourth quarter revenues increased 73% year over year to $25.0 million from
$14.5 million;

* Operating income for the fourth quarter reached $3.0 million, compared to $1.8
million in the same period last year (excluding a $2.0 million one-time capital
gain from the sale of the Company's headquarters office building);

* Net income for the fourth quarter reached $3.1 million, compared to $1.5
million in the same period last year (excluding a $2.0 million one-time capital
gain from the sale of the Company's headquarters office building);


Financial Highlights for the Full Year Ended December 31, 2010

* Operating cash flow for the year ended December 31, 2010 more than doubled to
$11.7 million compared to $4.5 million in 2009;

* Revenues for the year reached $88.6 million, an increase of 60%, compared to
$55.4 million in 2009;

* Operating income for 2010 more than doubled to $9.3 million, compared to $4.3
million in 2009 (excluding a $2.0 million one-time capital gain from the sale of
the Company's headquarters office building);

* Net income for 2010 increased 52% year over year to $9.4 million from $6.2
million;

1 Comments – Post Your Own

#1) On March 30, 2011 at 11:07 AM, IBDvalueinvestin (99.66) wrote:

Cloud Stocks:

APKT

AMZN

FFIV

CRM

CTXS

EQIX

KNXA

SWI

SFSF

 

 

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