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RAMSEY, N.J.--([ BUSINESS WIRE ])--Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the first quarter ended March 31, 2010.
Unaudited Results: First Quarter Ended March 31, | |||||||||||||||||
Dollars in 000a™s | 2010 Consolidating | 2009 Consolidating | |||||||||||||||
Total | Domestic | Foreign | Total | Domestic | Foreign | ||||||||||||
Net Sales | $9,461 | $7,504 | $1,957 | $10,087 | $8,158 | $1,929 | |||||||||||
Gross Profit | 4,277 | 2,827 | 1,450 | 4,494 | 3,157 | 1,337 | |||||||||||
Gross Profit % | 45.2% | 37.7% | 74.1% | 44.6% | 38.7% | 69.3% | |||||||||||
Income (Loss) Before Taxes and Non-controlling Interest | (8) | 763 | (771) | (1,898) | (454) | (1,444) | |||||||||||
Net Income (Loss) | $14 | $557 | $(543) | $(1,271) | $(230) | $(1,041) |
Selected Balance Sheet Data: | ||||||
March 31, 2010 | December 31, 2009 | |||||
Cash and Marketable Securities | $1,343 | $2,397 | ||||
Net Trade Receivables | 4,421 | 5,021 | ||||
Inventory | 5,319 | 4,984 | ||||
Total Current Assets | 18,670 | 20,191 | ||||
Total Assets | 36,210 | 37,894 | ||||
Short-term Debt and Current Maturities of Long-term Debt | 4,300 | 4,950 | ||||
Current Liabilities | 12,221 | 13,136 | ||||
Long Term Debt, Net of Current Maturities | 4,400 | 4,800 | ||||
Total Liabilities | 16,909 | 18,238 | ||||
Total Equity | $19,301 | $19,656 |
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.