Senvest Capital Inc.
TSX : SEC

Senvest Capital Inc.

May 08, 2008 17:22 ET

Senvest Capital Reports Results for the Quarter Ended March 31, 2008

MONTREAL, QUEBEC--(Marketwire - May 8, 2008) - Senvest Capital Inc. (TSX:SEC) today reported a net loss of $108,898 or $0.04 per share for the three months ended March 31, 2008. This compares to net earnings of $4,238,777 or $1.60 per share for the same period in 2007. Book value was $59.27 per share at the end of the first quarter.

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




CONSOLIDATED STATEMENT OF EARNINGS
(unaudited)
For the three months ended

March 31, 2008 March 31, 2007
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Net earnings (loss) ($108,898) $4,238,777

Earnings (loss) per share ($0.04) $1.60

Average number of shares outstanding 2,631,231 2,651,641



Contact Information

  • Senvest Capital Inc.
    George Malikotsis
    Vice President Finance
    514-281-8082
    514-281-0166 (FAX)
    www.senvest.com