Magal Security Systems (MAGS) Reports Q4 EPS of $0.05
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Magal Security Systems Ltd. Reports Fourth Quarter and Full Year 2019 Financial Results
March 16, 2020 8:09 AM EDTYEHUD, Israel, March 16, 2020 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and twelve months ended December 31, 2019. Management will hold an investors' conference call later today (at 10 a.m. Eastern Time) to discuss the results.
FULL YEAR 2019 RESULTS SUMMARY (all comparison to Full Year 2018)
Revenue of $86.8 million, compared to $92.6 million, a 6% decline related to Integrated Solutions operations offset by growth in products sales Operating income rose 61% to $6 million from $3.8 million Net income attributable to Magal's... More