Science & Technology
Science and Technology
Science and Technology
Fri, August 13, 2010
Thu, August 12, 2010 Bogen Reports 2010 Second Quarter and Year-to-Date Financial Results
RAMSEY, N.J.--([ BUSINESS WIRE ])--Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the second quarter and six months ended June 30, 2010.
Unaudited Results: Second Quarter | ||||||||||||||||||
| Dollars in 000a™s | 2010 Consolidating | 2009 Consolidating | ||||||||||||||||
| Total | Domestic | Foreign | Total | Domestic | Foreign | |||||||||||||
| Net Sales | $11487 | $10,160 | $1,327 | $12,095 | $9,496 | $2,599 | ||||||||||||
| Gross Profit | 4,842 | 3,957 | 885 | 5,651 | 3,709 | 1,942 | ||||||||||||
| Gross Profit % | 42.2% | 38.9% | 66.7% | 46.7% | 39.1% | 74.7% | ||||||||||||
| Income (Loss) Before Taxes and Non-controlling Interest | 150 | 1,235 | (1,085) | (360) | 423 | (783) | ||||||||||||
| Net Income (Loss) | $(4) | $802 | $(806) | $(321) | $278 | $(599) | ||||||||||||
Unaudited Results: Fiscal Year-to-date | ||||||||||||||||||
| Dollars in 000a™s | 2010 Consolidating | 2009 Consolidating | ||||||||||||||||
| Total | Domestic | Foreign | Total | Domestic | Foreign | |||||||||||||
| Net Sales | $20,948 | $17,664 | $3,284 | $22,182 | $17,654 | $4,528 | ||||||||||||
| Gross Profit | 9,119 | 6,784 | 2,335 | 10,145 | 6,866 | 3,279 | ||||||||||||
| Gross Profit % | 43.5% | 38.4% | 71.1% | 45.7% | 38.9% | 72.4% | ||||||||||||
| Income (Loss) Before Taxes and Non-controlling Interest | 142 | 1,998 | (1,856) | (2,258) | (31) | (2,227) | ||||||||||||
| Net Income (Loss) | $10 | $1,360 | $(1,350) | $(1,592) | $48 | $(1,640) | ||||||||||||
Selected Balance Sheet Data: | ||||||
June 30, 2010 | December 31, 2009 | |||||
| Cash and Marketable Securities | $1,568 | $2,397 | ||||
| Net Trade Receivables | 4,416 | 5,021 | ||||
| Inventory | 5,127 | 4,984 | ||||
| Total Current Assets | 13,040 | 20,191 | ||||
| Total Assets | 33,390 | 37,894 | ||||
| Short-term Debt and Current Maturities of Long-term Debt | 1,400 | 4,950 | ||||
| Current Liabilities | 10,180 | 13,136 | ||||
| Long Term Debt, Net of Current Maturities | 4,000 | 4,800 | ||||
| Total Liabilities | 14,474 | 18,238 | ||||
| Total Equity | $18,916 | $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.
