Magal Security Systems Reports Q4 EPS of $(0.14) vs. $0.16 Year Ago

Magal S3 Ltd. MAGS today announced its financial results for the three month period ended December 31, 2010. Revenues for the fourth quarter of 2010 totaled $15.1 million, an increase of 1% compared to the $15.0 million reported in the fourth quarter of 2009, and an increase of 13% compared to the $13.4 million reported in the prior quarter. Net loss per share in the fourth quarter of 2010 was $0.14, compared with net income per diluted share of $0.16 in the same period last year.