Magal Security Systems (MAGS) Swings to Q4 Profit
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Magal Security Systems Reports Fourth Quarter and Full Year 2014 Financial Results
March 26, 2015 8:06 AM EDTYAHUD, Israel, March 26, 2015 /PRNewswire/ --Â Magal Security Systems, Ltd. (NASDAQ NMS: MAGS) today announced its financial results for the three and twelve month periods ended December 31, 2014. Management will hold an investors' conference call later today, at 11:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
FOURTH QUARTER 2014 RESULTS SUMMARY
Revenues for the fourth quarter of 2014 were $27.3 million, an increase of 110% compared with revenues of $13.0 million in the fourth quarter of 2013.
Gross profit in the fourth quarter was $13.0 million, or... More
