Magal Security Systems down 7% post Q2 results [Seeking Alpha]
Roundhill Magnificent Seven ETF (MAGS)
US:NASDAQ Investor Relations:
magal-s3.com/safe_harbor.html
Company Research
Source: Seeking Alpha
Magal Security Systems ( MAGS ) reported Q2 revenue decrease of 22.3% Y/Y to $19.7M. Q2 Gross margin to 42.6%; and operating margin to 1%. Q2 EBITDA was $716k (-72.2% Y/Y); and margin to 3.6%. Operating expenses were $8.19M (-9% Y/Y), with R&D of $1.69M (-7% Y/Y); Selling & Marketing of $4.24M (-13% Y/Y); and G&A of $2.26M (-1% Y/Y). Company’s Cash, short term deposits and restricted deposits, net of bank debt, as of June 30, 2019, was $52.2M. Company says in Q2 they experienced a general delay in tenders for new security projects in Latin America and Canada, mainly due to budget and political reasons, related tocore verticals in these territories. This had a significant impact on results during the first half of the year compared to 2018. Previously: Magal Security reports Q2 results (Aug. 15) See all stocks on the move » Now read: ADT Inc. 2019 Q2 - Results - Earnings Call Slides » Subscribe for full text news in your inbox
Show less
Read more
Impact Snapshot
Event Time:
MAGS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MAGS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MAGS alerts
High impacting Roundhill Magnificent Seven ETF news events
Weekly update
A roundup of the hottest topics