Senvest Capital Reports Results for the Second Quarter Ended June 30, 2011


MONTREAL, QUEBEC--(Marketwire - Aug. 12, 2011) - Senvest Capital Inc. (TSX:SEC) today reported a net loss of ($29.79) million or ($9.70) per share for the three months ended June 30, 2011. This compares to a net loss of ($95.73) million or ($37.95) per share for the same period in 2010. For the six months ended June 30, 2011, the net loss was ($20.46) million or ($7.02) per share compared to net earnings of $27.6 million or $8.44 per share the prior year.

The Financial statements are available online at Sedar www.sedar.com

CONSOLIDATED STATEMENT OF INCOME
(unaudited)
(in millions, except per share amounts)
For the three month ended For the six months ended
06/30/2011 06/30/2010 06/30/2011 06/30/2010
Net income (loss) ($29.79 ) ($95.73 ) ($20.46 ) $27.6
Net earnings (loss) per share ($9.70 ) ($37.95 ) ($7.02 ) $8.44

Contact Information:

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