Senvest Capital Reports Results for the Third Quarter Ended September 30, 2012

2012-11-14 22:15:55 -

MONTREAL, QUEBEC -- (Marketwire) -- 11/14/12 -- Senvest Capital Inc. (TSX:SEC) today reported net earnings of $12.47 million or $3.83 per share for the three months ended September 30, 2012. This compares to a net loss of ($107.71) million or ($34.92) per share for the same period in 2011. For the nine months ended September 30, 2012, the net earnings were $44.63 million or $14.05 per share compared to a net loss of ($128.16) million or ($41.93) per share the prior year.

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


                      CONSOLIDATED STATEMENT OF INCOME                      
                                 (unaudited)                                
                   (in millions, except per share amounts)                  
                              For the three months      For the nine months 
                                             ended                    ended 
                             09/30/2012 09/30/2011   09/30/2012  09/30/2011 
Net income (loss)                                                           
                                $ 12.47  $ (107.71)     $ 44.63   $ (128.16)
Earnings (loss) per share                                                   
                                 $ 3.83   $ (34.92)     $ 14.05    $ (41.93)

Contacts:

SENVEST CAPITAL INC.

George Malikotsis, Vice President Finance

Tel: (514) 281-8082

(514) 281-0166 (FAX)

www.senvest.com