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Technology / AI and automation

COMPANY RESULT: MAGIC SOFTWARE ENTERPRISES LTD

Magic Software Enterprises Ltd, the Israeli-based rapid application development company has reported second quarter net losses of $4.8m, including one off charges of $2.7m, against profits of $548,000 on revenue which edged up 0.3% at $9.1m; mid- term revenue increased by 13.6% to $18.7m.

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CBR Staff Writer

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