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

Marketwired

MONTREAL, QUEBEC--(Marketwire -03/30/12)- Senvest Capital Inc. (TSX: SEC.TO - News) 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:

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

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