Magal Security Systems (MAGS) Reports Q4 Loss of $0.02
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Magal Security Systems Ltd. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
April 6, 2021 8:00 AM EDTYEHUD, Israel, April 6, 2021 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS)Â today announced its financial results for the three and twelve months ended December 31, 2020. Management will hold an investors' conference call today at 10 a.m. Eastern Time to discuss the results. The details for the investors' conference call can be found below the financial results summary.
FOURTH QUARTER 2020 RESULTS SUMMARY (all comparison to Fourth quarter 2019)
Revenue increased 23% to $29.2 million from $23.8 million Operating income rose 22% to $3.5... More