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25 April, 2024 20:51 IST

Magal Security Systems first-quarter loss widens on a YOY basis
Source: IRIS | 31 May, 2017, 12.21PM

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Revenue during the quarter grew 13.74 percent to $14.34 million from $12.60 million in the previous year period. Gross margin for the quarter expanded 214 basis points over the previous year period to 51.70 percent. Operating margin for the quarter stood at negative 5.94 percent as compared to a positive 4.94 percent for the previous year period.

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