Magal Security Systems Ltd. Reports Third Quarter 2020 Financial Results
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Magal Security Systems (MAGS) Reports Q3 EPS of $0.01 on Revenues of $18.3M
November 16, 2020 8:20 AM ESTMagal Security Systems (NASDAQ: MAGS) reported Q3 EPS of $0.01, versus $0.06 reported last year. Revenue for the quarter came in at $18.3 million, versus $22.2 million reported last year.
Third Quarter 2020 Results Summary (all comparisons are to the third quarter of 2019)
Revenue of $18.3 million compared to $22.2 millionGross margin 41.8% compared to 45.1%Operating income of $0.9 million compared to $2.5... More