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Communications Systems Inc (JCS.OQ)

JCS.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Communications Systems reports Q3 loss per share $0.50
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Communications Systems Inc :Communications Systems, Inc. Reports third quarter 2017 financial results.Q3 sales $20.4 million.Q3 loss per share $0.50.Communications Systems Inc - ‍do not expect any material restructuring costs in Q4 of 2017​.  Full Article

Communications Systems appoints Mark Fandrich as CFO
Monday, 29 Aug 2016 

Communications Systems Inc : Communications Systems, Inc appoints Mark Fandrich as chief financial officer . Fandrich succeeds Edwin C. Freeman as CEO .Edwin C. Freeman has assumed position of treasurer and vice president of corporate development.  Full Article

Communications Systems entered amended and restated credit agreement
Thursday, 18 Aug 2016 

Communications Systems Inc: On Aug 12 co, its operating subsidiaries entered into an amended and restated credit agreemen and amended and restated note . May borrow up to $15.0 million with variable interest rate equal to daily one-month libor rate plus 200 basis points - sec filing . Credit facility also includes a $2.0 million letter of credit subfacility . As part of credit facility, CSI Companies entered into an amended and restated security agreement . As per security agreement, each of CSI Cos agreed to grant lender security interest in all of its tangible, intangible assets .Co's unit entered security agreement with lender under which it pledged substantially all of its assets to support guarantee.  Full Article

Communications Systems says quarterly dividend of $0.04 per share
Thursday, 18 Aug 2016 

Communications Systems Inc : Declares quarterly dividend of $0.04 per share and increases line of credit from $10 million to $15 million . Says has signed an amended and restated credit agreement, replacing a note that matures on November 1, 2016 .Says board of directors authorized a number of expense reduction measures, including a reduction in compensation paid to non-employee directors.  Full Article

Communications Systems Q2 loss per share $0.29
Thursday, 4 Aug 2016 

Communications Systems Inc : Reports second quarter 2016 financial results . Q2 sales $26.3 million versus $28.2 million . Q2 loss per share $0.29 .Says expect improved year-over-year operating performance in 2017.  Full Article

BRIEF-Communications Systems reports Q3 loss per share $0.50

* Communications Systems, Inc. Reports third quarter 2017 financial results