Magal Security Systems Reports Second Quarter 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
Magal Security Systems (MAGS) Swings to Q2 Loss
August 31, 2016 6:51 AM EDTMagal Security Systems (NASDAQ: MAGS) reported Q2 EPS of ($0.12), versus $0.01 reported last year. Revenue for the quarter came in at $13.6 million, versus $15.7 million reported last year.
Commenting on the results, Mr. Saar Koursh, CEO of Magal, said, "We have been active on the strategic front in 2016. At the start of... More
