Senvest Capital Inc.
TSX : SEC

Senvest Capital Inc.

April 02, 2009 20:11 ET

Senvest Capital Reports Results for the Year Ended December 31, 2008

MONTREAL, QUEBEC--(Marketwire - April 2, 2009) - Senvest Capital Inc. (TSX:SEC) today reported revenues of $(53,058,075) for fiscal 2008 versus $29,194,875 in 2007. Net loss were $(48,461,170) or $(18.49) per share for the year ended December 31, 2008. This compares to net earnings of $5,891,192 or $2.23 per share for the same period in 2007.



CONSOLIDATED STATEMENT OF EARNINGS (LOSS)

For the year ended
Dec. 31,2008 Dec. 31,2007
------------------------------------------------------------------
REVENUES $(53,058,075) $29,194,875

NET EARNINGS (LOSS) $(48,461,170)$ 5,891,192

NET EARNINGS (LOSS) PER SHARE $(18.49) $2.23

Average number of shares outstanding 2,621,116 2,647,354


Contact Information

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