Bogen Reports 2012 First Quarter Financial Results

Thu May 10, 2012 5:13pm EDT

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Bogen Reports 2012 First Quarter Financial Results

Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the first quarter ended March 31, 2012.

Unaudited Results: First Quarter Ended March 31,

Dollars in 000’s

  2012 Consolidating   2011 Consolidating
Total   Domestic   Foreign Total   Domestic   Foreign
Net Sales $ 11,213 $ 7,805 $ 3,408 $ 9,879 $ 7,625 $ 2,254
Gross Profit 5,044 2,945 2,099 4,543 2,988 1,555
Gross Profit % 45.0% 37.7% 61.6% 46.0% 39.2% 69.0%
Income (Loss) Before Taxes 461 34 427 79 226 (147)
Net Income (Loss) $ 334 $ 39 $ 295 $ 45 $ 154 $ (109)

Unaudited Selected Balance Sheet Data:

   

March 31, 2012

    December 31, 2011
Cash and Cash Equivalents $ 1,854 $ 2,057
Net Trade Receivables 4,308 5,288
Inventories 4,632 4,909
Total Current Assets 13,009 14,316
Total Assets 33,578 34,950
Revolving, Short-term, and Current Maturities of Long-term Debt 1,569 1,663
Current Liabilities 9,784 11,246
Long Term Debt, Net of Current Maturities 4,650 4,965
Total Liabilities 14,977 16,779
Total Stockholders’ Equity $ 18,601 $ 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.

Bogen Communications International, Inc.
Maureen A. Flotard, 201-934-8500
Chief Financial Officer and Vice President-Finance

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