Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the third quarter and year-to-date ended September 30, 2012.
Unaudited Results: Third Quarter Ended September 30, | ||||||||||||||||||||||||
| Dollars in 000’s | 2012 Consolidating | 2011 Consolidating | ||||||||||||||||||||||
Total | Domestic | Foreign | Total | Domestic | Foreign | |||||||||||||||||||
| Net Sales | $14,625 | $11,794 | $2,831 | $11,856 | $10,108 | $1,748 | ||||||||||||||||||
| Gross Profit | 6,602 | 4,679 | 1,923 | 5,406 | 4,085 | 1,321 | ||||||||||||||||||
| Gross Profit % | 45.1% | 39.7% | 67.9% | 45.6% | 40.4% | 75.6% | ||||||||||||||||||
| Income (Loss) Before Taxes | 1,840 | 1,649 | 191 | 851 | 1,258 | (407) | ||||||||||||||||||
| Net Income (Loss) | $1,140 | $1,009 | $131 | $469 | $759 | $(290) | ||||||||||||||||||
Unaudited Results: Fiscal Year-to-date Ended September 30, | ||||||||||||||||||||||||
| Dollars in 000’s | 2012 Consolidating | 2011 Consolidating | ||||||||||||||||||||||
Total | Domestic | Foreign | Total | Domestic | Foreign | |||||||||||||||||||
| Net Sales | $38,419 | $29,797 | $8,622 | $34,450 | $28,076 | $6,374 | ||||||||||||||||||
| Gross Profit | 16,916 | 11,384 | 5,533 | 15,558 | 11,167 | 4,391 | ||||||||||||||||||
| Gross Profit % | 44.0% | 38.2% | 64.2% | 45.2% | 39.8% | 68.9% | ||||||||||||||||||
| Income (Loss) Before Taxes | 2,802 | 2,518 | 284 | 1,870 | 2,699 | (829) | ||||||||||||||||||
| Net Income (Loss) | $1,788 | $1,599 | $189 | $1,081 | $1,676 | $(595) | ||||||||||||||||||
| Selected Balance Sheet Data: | September 30, 2012 | December 31, 2011 | ||||||
| (Unaudited) | ||||||||
| Cash and Cash Equivalents | $3,261 | $2,057 | ||||||
| Net Trade Receivables | 4,949 | 5,288 | ||||||
| Inventories | 5,257 | 4,909 | ||||||
| Total Current Assets | 15,634 | 14,316 | ||||||
| Total Assets | 35,975 | 34,950 | ||||||
| Revolving, Short-term, and Current Maturities of Long-term Debt | 1,569 | 1,663 | ||||||
| Current Liabilities | 11,496 | 11,246 | ||||||
| Long Term Debt, Net of Current Maturities | 4,018 | 4,965 | ||||||
| Total Liabilities | 16,043 | 16,779 | ||||||
| Total Stockholders’ Equity | $19,932 | $18,171 | ||||||
Please visit Bogen’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 voice messaging and related products and services to commercial, industrial, professional, educational, and institutional customers worldwide.
50 Spring Street, Ramsey, New Jersey 07446
Maureen A. Flotard, 201-934-8500
Chief Financial Officer and Vice President-Finance