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.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .

Cloud Foundry Days at @CloudExpo NY | @IBMCloud #Cloud #CloudFoundry #Serverless

By Elizabeth White

Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the indu...

Announcing @LinuxAcademyCOM to Exhibit at @CloudExpo | #SDN #AI #Linux

By Elizabeth White

SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founde...

[session] #Serverless Applications | @CloudExpo @IBMcloud #AI #OpenWhisk

By Elizabeth White

Apache OpenWhisk on IBM Bluemix provides a powerful and flexible environment for deploying cloud-native applications driven by data, message, and API call events. In his session at 20th Cloud Expo, Daniel Krook, Software Architect, IBM Watson and Cloud Platform, and Distinguished IT S...

[session] @Scrumdotorg to Present at @DevOpsSummit | #Scrum #AI #DevOps

By Pat Romanski

It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engag...

Azure Stack Hybrid Cloud From @DellEMC | @CloudExpo @Azure #AI #ML #DX

By Greg Schulz

Dell EMC have announced their Microsoft Azure Stack hybrid cloud platform solutions. This announcement builds upon earlier statements of support and intention by Dell EMC to be part of the Microsoft Azure Stack community. For those of you who are not familiar, Azure Stack is an on prem...

How to Sponsor @CloudExpo | #IoT #AI #ML #DevOps #DigitalTransformation

By Carmen Gonzalez

20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Y...