Magal S3(SNT) - 2022 Q4 - Annual Report

(Full year 2022 results for the twelve months ended December 31, 2022 are compared to the comparable twelve month period of 2021, except as mentioned.) Fourth Quarter 2022 Business Highlights: (Fourth quarter 2022 results for the three months ended December 31, 2022 compared to the comparable three month period of 2021, except as mentioned.) • Revenue grew to $35.6 million versus $34.9 million, with gross margin of 61% compared to 63%. • Operating expense reduced by 4% for an operating income increase of ov ...