Magal Security Systems (MAGS) Reports Q2 EPS of $0.01 on Revenues of $16.4M
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Magal Security Systems Ltd. Reports Second Quarter 2020 Financial Results
August 13, 2020 9:05 AM EDTYEHUD, Israel, Aug. 13, 2020 /PRNewswire/ --Â Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and six months ended June 30, 2020. Management will hold a conference call later today (at 10 a.m. Eastern Time) to discuss the results.
Second Quarter 2020 Results Summary (all comparisons are to the second quarter of 2019)
Revenue of $16.4 million compared to $19.7 million Gross margin 44.2% compared to 42.6% Operating income of $0.8 million compared to $0.2 million Net income attributable to Magal's shareholders of... More