Bogen Reports 2012 Third Quarter and Year-to-Date Financial Results

From the Wires

Dec. 6, 2012 06:09 PM

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.

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