Bogen Reports 2010 First Quarter Financial Results

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Bogen Reports 2010 First Quarter Financial Results

_{//science-technology.news-articles.net/content/2 .. eports-2010-first-quarter-financial-results.html}
^{Published in Science and Technology on Tuesday, July 13th 2010 at 10:15 GMT by Market Wire}

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.

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