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Formula Systems (1985) Ltd. is a global provider of diverse IT solutions and services, operating through its various subsidiaries. The company specializes in delivering both its own proprietary software and third-party solutions, alongside comprehensive IT professional services, software product marketing and support, and integrated computer infrastructure solutions. Its extensive range of offerings includes robust computer and telecommunication infrastructure solutions, specialized computer solutions for existing communication setups, cutting-edge cloud computing services, and advanced…
Toronto, Ontario, July 16, 2026 (GLOBE NEWSWIRE) -- Fort Technology Inc. (Nasdaq: FRTT, TSXV: FORT) ("Fort" or the "Company"), today announced that Tamir Fayerman, a member of the Board of Directors (the "Board") of the Company and the Chairman of the Audit Committee of the Board, notified the Company of his resignation from the Board and all committees thereof, effective July 16, 2026.
Revenues for the first quarter increased by 19.2% year over year, reaching a first quarter record-breaking $738.3 million. Net income attributable to Formula Systems' shareholders for the first quarter increased by 84.5% year over year, reaching a first quarter all-time high of $35.6 Million. Revenues for the first quarter increased by 19.2% year over year, reaching a first quarter record-breaking $738.3 million. Net income attributable to Formula Systems' shareholders for the first quarter increased by 84.5% year over year, reaching a first quarter all-time high of $35.6 Million.
Or Yehuda, Israel, May 14, 2026 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced that its board of directors has approved the distribution of a special cash dividend, based on Formula's results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200.0 million in total.
Formula Systems (1985) Ltd. (NASDAQ: FORTY - Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 120 shares, an increase of 5,900.0% from the March 31st total of 2 shares. Based on an average trading volume of 409 shares, the short-interest
On April 16, 2026, Formula Systems (1985) Ltd (FORTY) shares rose 3.5% today, reaching a current price of $133.00. Over the past 52 weeks, the stock has fluctua