Bogen Reports 2009 First Quarter Results
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RAMSEY, N.J.--(Business Wire)--
Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced
results for the first quarter and year ended March 31, 2009.
Unaudited Results: First Quarter
Dollars in 000`s 2009 Consolidating 2008 Consolidating
Total Domestic Foreign Total Domestic Foreign
Net Sales $10,087 $8,158 $1,929 $12,619 $9,324 $3,295
Gross Profit 4,494 3,157 1,337 6,096 3,837 2,259
Gross Profit % 44.6% 38.7% 69.3% 48.3% 41.2% 68.6%
Income (Loss) Before Taxes (1,898) (454) (1,444) (837) 47 (884)
Net Income (Loss) $(1,271) $(230) $(1,041) $(626) $30 $(656)
Selected Audited Balance Sheet Data as of:
March 31, 2009 December 31, 2008
Cash and Marketable Securities $3,872 $6,630
Net Trade Receivables 5,157 7,728
Inventory 5,537 6,138
Total Current Assets 17,701 22,942
Total Assets 35,368 40,696
Short-term Debt 1,035 0
Current Liabilities 5,642 8,934
Long Term Debt, Net of Current Maturities 0 0
Total Liabilities 6,064 9,382
Total Liabilities & Stockholders` Equity $35,368 $40,696
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, and markets telecommunications
peripherals, sound processing equipment, and Unified Messaging products and
services. Bogen`s products are sold to commercial, industrial, professional, and
institutional customers worldwide.
Bogen Communications International, Inc.
Maureen A. Flotard, 201-934-8500
CFO and VP-Finance
Copyright Business Wire 2009
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