Magal Security Systems (MAGS) Reports Q4 Loss of $0.01 on Revenues of $26.1M
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Magal Security Systems Ltd. Reports Fourth Quarter & Full Year 2018 Financial Results
March 27, 2019 7:00 AM EDTYEHUD, Israel, March 27, 2019 /PRNewswire/ --Â Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three months and full year period ended December 31, 2018. Management will hold an investors' conference call later today (at 10:30am Eastern Time) to discuss the results.
FULL YEAR 2018 RESULTS SUMMARY
Record revenue of $92.6 million, up 44% year over year; Net income of $2.9Â million versus a net loss of $6.9 million in 2017; EBITDA of $7.0 million versus $0.6 million in 2017;... More