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

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.

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