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Bogen Reports 2008 Third Quarter and Fiscal Year-to-Date Financial Results

Thu. November 13, 2008; Posted: 02:00 PM
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RAMSEY, N.J., Nov 13, 2008 (BUSINESS WIRE) -- BOGN | Quote | Chart | News | PowerRating -- Bogen Communications International, Inc., (Pink Sheets: BOGN | Quote | Chart | News | PowerRating) today announced results for the third quarter and year-to-date ended September 30th, 2008.

Unaudited Results: Third Quarter Ended September 30th, Dollars in 000's 2008 Consolidating 2007 Consolidating Total Domestic Foreign Total Domestic Foreign Net Sales $15,913 $11,636 $4,277 $14,750 $11,780 $2,970 Gross Margin 7,914 4,792 3,122 7,253 5,166 2,087 Gross Margin % 49.7% 41.2% 73.0% 49.2% 43.9% 70.3% Profit (Loss) Before Taxes 1,203 1,256 (53) 1,016 1,467 (451) Net Income (Loss) $725 $771 $(46) $614 $909 $(295) Unaudited Results: Year-to-date Ended September 30th, Dollars in 000's 2008 Consolidating 2007 Consolidating Total Domestic Foreign Total Domestic Foreign Net Sales $44,948 $32,205 $12,743 $40,100 $30,972 $9,128 Gross Margin 22,465 13,232 9,233 20,087 13,280 6,807 Gross Margin % 50.0% 41.1% 72.5% 50.1% 42.9% 74.6% Profit Before Taxes 2,043 2,238 (195) 1,945 2,679 (734) Net Income (Loss) $1,218 $1,379 $(161) $1,170 $1,659 $(489)

Selected Balance Sheet Data as of: September 30th, December 31st, 2008 2007 Cash $6,667 $7,470 Net Trade Receivables 7,594 7,173 Inventory 6,103 6,371 Total Current Assets 23,228 23,838 Total Assets 40,996 41,658 Current Liabilities 7,106 8,761 Long Term Debt, Net of Current Maturities 0 0 Total Liabilities 7,786 9,526 Total Liabilities & Stockholders' $40,996 $41,658 Equity

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.

SOURCE: Bogen Communications International, Inc.

Bogen Communications International, Inc. Maureen A. Flotard, 201-934-8500 CFO and VP-Finance

For full details for BOGN click here.

    


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