Magal Security Systems (MAGS) Reports Lighter Q4 EPS of $0.15
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Magal Security Systems Reports Fourth Quarter and Full Year 2015 Financial Results
March 29, 2016 6:16 AM EDTYEHUD, Israel, March 29, 2016 /PRNewswire/ --Â Magal Security Systems, Ltd. (NASDAQ: MAGS)
today announced its financial results for the three month and full year periods ended December 31, 2015. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
Q4 RESULTS SUMMARY
Strong sequential revenue growth of 13.3% to $19.3 million Record gross margin of 56.4% Operating income of $2.9 million, 71.1% year-over-year increase Net income of $2.5 million or $0.15 per share Net... More