Senvest Capital Inc.
TSX : SEC

Senvest Capital Inc.

August 05, 2008 16:26 ET

Senvest Capital Reports Results for the Second Quarter Ended June 30, 2008

MONTREAL, QUEBEC--(Marketwire - Aug. 5, 2008) - Senvest Capital Inc. (TSX:SEC) today reported net earnings of $3,133,022 or $1.19 per share for the three months ended June 30, 2008. This compares to $4,419,696 or $1.61 per share for the same period in 2007. For the six months ended June 30, 2008, net earnings were $3,024,124 or $1.15 per share compared to $8,658,473 or $3.27 per share the prior year. Book value was $60.51 per share at the end of the second quarter.

Senvest Capital Inc. and it's subsidiaries have business activities in Merchant banking, Asset Management, Real Estate and electronic security.



CONSOLIDATED STATEMENT OF EARNINGS
-------------------------------------------------------------------------
(unaudited)

For the three months ended For the six months ended
06/30/2008 06/30/2007 06/30/2008 06/30/2007

Net earnings $3,133,022 $4,419,696 $3,024,124 $8,658,473

Earnings per share $1.19 $1.61 $1.15 $3.27

Average number of
shares outstanding 2,625,172 2,649,571

Contact Information

  • SENVEST CAPITAL INC.
    George Malikotsis
    Vice President Finance
    514-281-8082
    514-281-0166 (FAX)
    www.Senvest.com