Senvest Capital Inc.
TSX : SEC

Senvest Capital Inc.

March 26, 2007 07:49 ET

Senvest Capital Reports Results for the Year Ended December 31, 2006

MONTREAL, QUEBEC--(CCNMatthews - March 26, 2007) - Senvest Capital Inc. (TSX:SEC) today reported revenues of $33,678,686 for fiscal 2006 versus $34,463,055 the prior year. Net earnings were $10,978,180 or $4.16 per share for the year ended December 31, 2006. This compares to net earnings of $19,914,962 or $7.74 per share for the same period in 2005. Results for 2005 have been restated to account for the adoption of accounting guideline AcG-15.



CONSOLIDATED STATEMENT OF EARNINGS

For the year ended
Dec 31, 2006 Dec 31, 2005
------------ ------------
(restated)

REVENUES $33,678,686 $34,463,055

NET EARNINGS $10,978,180 $19,914,962

EARNINGS PER SHARE $4.16 $7.74

Average number of shares outstanding 2,640,392 2,573,020


Contact Information

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