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 & OpenStack’ By @IBMCloud | @CloudExpo [#Cloud]

By Pat Romanski

Bring the world's best IaaS to the world's best PaaS. In their session at 15th Cloud Expo, Animesh Singh, a Senior Cloud Architect and Strategist for IBM Cloud Labs, and Jason Anderson, a Cloud Architect for IBM Cloud Labs, shared their experiences running Cloud Foundry on OpenStack. ...

Enterprise @Splunk "Best" DevOps Collaboration | @DevOpsSummit [#DevOps]

By Yeshim Deniz

“This win means a great deal to us because it is decided by the readers – the people who understand how use of our technology enables new insights that drive the business,” said Matt Davies, senior director, EMEA marketing, Splunk. “Splunk Enterprise enables organizations to improve se...

Announcing @ActiveState Named “Silver Sponsor” of @DevOpsSummit New York [#DevOps]

By Liz McMillan

SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState bel...

Release Management vs Release Engineering By @Plutora | @DevOpsSummit [#DevOps]

By PdWebsY2ks Frick; Plutora Blog

A common pattern in the past few years is the creation of centralized Release Engineering groups. These professionals apply common patterns for automating releases, they have a solid understanding of build and testing frameworks, and they help a large organization standardize software ...

Distributed Deployments By @Docker | @DevOpsSummit [#DevOps]

By Elizabeth White

Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechan...

Welcome to the Reality Cloud | @CloudExpo @OpenStack [#Cloud]

By Dayana Hurley; Alan Clark

I’ve spent the past few years looking at clouds on the ground and in the air. On the ground, I’m immersed in OpenStack’s global innovation and momentum. Doing so involves lots of time in the air, looking at literal clouds as I fly around the world talking with OpenStack developers, com...