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Magal posts 4Q profit

YEHUD, Israel (AP) _ Magal Security Systems Ltd. (MAGS) on Wednesday reported fourth-quarter earnings of $2.9 million.

The Yehud, Israel-based company said it had profit of 13 cents per share.

The security and intelligence company posted revenue of $20.3 million in the period.

For the year, the company reported profit of $1 million, or 6 cents per share. Revenue was reported as $67.8 million.

Magal shares have risen 39 percent since the beginning of the year. The stock has increased 44 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAGS at https://www.zacks.com/ap/MAGS

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Keywords: Magal Security, Earnings Report