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Bogen Reports 2009 Fiscal Year Financial Results


//science-technology.news-articles.net/content/2 .. -reports-2009-fiscal-year-financial-results.html
Published in Science and Technology on Monday, May 24th 2010 at 14:00 GMT by Market Wire   Print publication without navigation


RAMSEY, N.J.--([ BUSINESS WIRE ])--Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the fiscal year ended December 31, 2009.

Audited Results: Fiscal Year

Dollars in 000a™s

2009 Consolidating

2008 Consolidating

Total Domestic ForeignTotal Domestic Foreign
Net Sales$44,854$36,052$8,802$59,406$41,108$18,298
Gross Profit20,09413,8426,25230,88916,83914,050
Gross Profit %44.8%38.4%71.0%52.0%41.0%76.8%
Income (Loss) Before Taxes(17,308)(9,199)(8,109)3,5072,1311,376
Net Income (Loss)$(11,631)$(5,823)$(5,808)$2,349$1,352$997

Selected Audited Balance Sheet Data as of December 31st:

2009

2008

Cash and Marketable Securities$2,397$6,630
Net Trade Receivables5,0217,728
Inventory4,9846,138
Total Current Assets20,19122,942
Total Assets37,89440,696

Short-term Debt and Current Maturities of
Long-term Debt

4,950
Current Liabilities13,1368,934
Long Term Debt, Net of Current Maturities4,800
Total Liabilities18,2389,382
Total Equity$19,656$31,314

Please visit Bogena™s website at [ www.bogen.com ] for the complete Consolidated Financial Statements, as well as additional information about the Company and its products and services.

About Bogen

Bogen Communications International, Inc., based in Ramsey, New Jersey, and Germering, Germany, develops, manufactures, markets, and sells telecommunications peripherals, sound processing and audio amplification equipment, and Unified Messaging products and services to commercial, industrial, professional, educational, and institutional customers worldwide.


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