Magal Security Systems (MAGS) Reports Q1 EPS of $0.02
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Magal Security Systems Ltd. Reports First Quarter 2020 Financial Results
May 14, 2020 7:00 AM EDTYEHUD, Israel, May 14, 2020 /PRNewswire/ --Â Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three months ended March 31, 2020. Management will hold an investors' conference call later today (at 10 a.m. Eastern Time) to discuss the results.
FIRST QUARTER 2020 RESULTS SUMMARY (all comparisons are to the first quarter of 2019)
Revenue of $17.4 million compared to $21.2 million Gross margin 45.8% compared to 42.3% Operating income of $0.2 million compared to $0.5 million Net income attributable to Magal's shareholders of... More