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Senvest Capital Inc. Reports Results for the Third Quarter Ended September 30, 2020

Senvest Capital Inc.
·1 min read

MONTREAL, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Senvest Capital Inc. today reported net income attributable to common shareholders of $28.9 million or $10.83 per share for the three months ended September 30, 2020. This compares to a net income attributable to common shareholders of $21.1 million or $7.86 per share for the same period in 2019. For the nine months ended September 30, 2020, the net loss attributable to common shareholders was ($151.9) million or ($57.69) per share, compared to a net income attributable to common shareholders of $19.3 million or $7.19 per share the prior year.

Financial statements are available online at Sedar www.sedar.com

CONSOLIDATED STATEMENT OF INCOME

(unaudited)

(in millions of dollars, except per share amounts)

For the three months ended

For the nine months ended

09/30/2020

09/30/2019

09/30/2020

09/30/2019

Net income (loss) attributable to common shareholders

$28.9

$21.1

($151.9)

$19.3

Diluted earnings (loss) per share attributable to common shareholders

$10.83

$7.86

($57.69)

$7.19

Contact: George Malikotsis, Vice President Finance
(514) 281-8082