Blonder Tongue Reports Third Quarter 2014 Results
Second Consecutive Quarter of Profitability
OLD BRIDGE, NJ November 14, 2014 / Blonder Tongue Laboratories, Inc. (NYSE MKT:BDR) announced its sales and results for the third quarter and nine months ended September 30, 2014.
Net sales increased $1,836,000, or 26.9%, to $8,659,000 in the third three months of 2014 from $6,823,000 in the third three months of 2013. Net earnings for the third three months ended September 30, 2014 were $584,000 or $0.09 per share, compared to a net loss of $(688,000) or $(0.11) per share for the comparable period in 2013.
- Published: 14 November 2014
- Written by Editor