Science & Technology
Science and Technology
Science and Technology
Mon, November 22, 2010
Fri, November 19, 2010
Thu, November 18, 2010 Bogen Reports 2010 Third Quarter and Year-to-Date Financial Results
RAMSEY, N.J.--([ BUSINESS WIRE ])--Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the three and nine months ended September 30, 2010.
Unaudited Results: Third Quarter ended September 30, | |||||||||||||
| Dollars in 000a™s | 2010 Consolidating | 2009 Consolidating | |||||||||||
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||||||
| Net Sales | $13,298 | $10,680 | $2,618 | $12,048 | $9,950 | $2,098 | |||||||
| Gross Profit | 5,814 | 4,132 | 1,682 | 5,309 | 3,803 | 1,506 | |||||||
| Gross Profit % | 43.7% | 38.7% | 64.2% | 44.1% | 38.2% | 71.8% | |||||||
Income (Loss) Before Taxes | 1,250 | 1,320 | (70) | (1,335) | (162) | (1,173) | |||||||
| Net Income (Loss) | $864 | $913 | $(49) | $(889) | $(74) | $(815) | |||||||
Unaudited Results: Year-to-date ended September 30, | |||||||||||||
| Dollars in 000a™s | 2010 Consolidating | 2009 Consolidating | |||||||||||
| Total | Domestic | Foreign | Total | Domestic | Foreign | ||||||||
| Net Sales | $34,246 | $28,344 | $5,902 | $34,230 | $27,605 | $6,625 | |||||||
| Gross Profit | 14,933 | 10,916 | 4,017 | 15,454 | 10,669 | 4,785 | |||||||
| Gross Profit % | 43.6% | 38.5% | 68.1% | 45.1% | 38.7% | 72.2% | |||||||
Income (Loss) Before Taxes | 1,392 | 3,319 | (1,927) | (3,593) | (193) | (3,400) | |||||||
| Net Income (Loss) | $874 | $2,273 | $(1,399) | $(2,481) | $(27) | $(2,454) | |||||||
Selected Balance Sheet Data as of: | ||||||
September 30, 2010 | December 31, 2009 | |||||
| Cash and Marketable Securities | $1,900 | $2,397 | ||||
| Net Trade Receivables | 4,773 | 5,021 | ||||
| Inventory | 5,678 | 4,984 | ||||
| Total Current Assets | 14,117 | 20,191 | ||||
| Total Assets | 34,910 | 37,894 | ||||
Short-term Debt and Current Maturities of | 1,500 | 4,950 | ||||
| Current Liabilities | 10,865 | 13,136 | ||||
| Long Term Debt, Net of Current Maturities | 3,600 | 4,800 | ||||
| Total Liabilities | 14,755 | 18,238 | ||||
| Total Equity | $20,155 | $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.
