Senvest Capital Reports Results for the Year Ended December 31, 2011


MONTREAL, QUEBEC--(Marketwire - March 30, 2012) - Senvest Capital Inc. (TSX:SEC) today reported a net loss of ($88.03) million or ($28.61) per share for the year ended December 31, 2011. This compares to net earnings of $ 120 million or $ 36.81 per share for the year 2010. The Financial statements are available online at Sedar www.sedar.com

CONSOLIDATED STATEMENT OF EARNINGS
(in millions, except per share amounts)
For the year ended
Dec. 31, 2011 Dec. 31, 2010
NET EARNINGS (LOSS) FOR THE YEAR ($88.03 ) $120
NET EARNINGS (LOSS) PER SHARE ($28.61 ) $36.81

Contact Information:

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