Brief: Magal Security Systems reports Q3 loss $0.01/shr

Senstar Technologies

16/11/2017 14:11

Nov 16 (Reuters) - Magal Security Systems Ltd  MAGS.O  
    * Magal Security Systems Ltd. Reports third quarter 2017 
financial 
results 
    * Q3 loss per share $0.01 
    * Q3 revenue $13.7 million 
    * Magal Security Systems Ltd - expect sequential revenue 
growth 
for Q4 
    * Magal Security Systems Ltd - North American operations 
continued to be impacted in the quarter by delays in security 
spending 
    * Magal Security Systems Ltd - also expect further orders 
for 
turn-key security solutions to materialize in near future 
    * Magal Security Systems - expect to recognize revenue from 
orders for airport security solutions and protect correctional 
facilities in Q4 and next year 
 
Source text for Eikon:  ID:nPn1TrydPa  
Further company coverage:  MAGS.O  
 
 ((bangalore.newsroom@thomsonreuters.com;))