Magal Security Systems (MAGS) Reports Q2 EPS of $0.07
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Magal Security Systems Ltd. Reports Second Quarter 2018 Financial Results
August 15, 2018 8:00 AM EDTYEHUD, Israel, Aug. 15, 2018 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and six months periods ended June 30, 2018. Management will hold an investors' conference call later today (at 9:30am Eastern Time) to discuss the results.
SECOND QUARTER RESULTS SUMMARY
Strong growth in second quarter revenue to $25.3 million, up 91% year-over-year and a 47% increase sequentially. Operating income of $2.1 million compared with a loss of $1.7 million last year; Net income of $1.7 million compared with a loss of $3.3... More