Bay Street News

Senvest Capital Reports Results for the Third Quarter Ended September 30, 2016

MONTREAL, QUEBEC–(Marketwired – Nov. 7, 2016) – Senvest Capital Inc. (TSX:SEC) today reported a net income attributable to owners of the parent of $109.9 million or $39.08 per share for the three months ended September 30, 2016. This compares to a net loss attributable to owners of the parent of ($143.4 million) or ($50.72) per share for the same period in 2015. For the nine months ended September 30, 2016, the net income attributable to owners of the parent was $69.9 million or $24.85 per share, compared to a net loss attributable to owners of the parent of ($105.3 million) or ($37.26) per share the prior year.

CONSOLIDATED STATEMENT OF INCOME (LOSS)
(unaudited)
(in millions of dollars, except per share amounts)
For the three months ended For the nine months ended
09/30/2016 09/30/2015 09/30/2016 09/30/2015
Net earnings (loss) attributable to owners of the parent $109.9 ($143.4) $69.9 ($105.3)
Diluted Earnings (loss) per share $39.08 ($50.72) $24.85 ($37.26)
Senvest Capital Inc.
George Malikotsis
Vice President Finance
(514) 281-8082