Communications Systems (JCS) Reports Q4 Loss of $0.12/Share

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Communications Systems, Inc. Reports Fourth Quarter and Full Year 2014 Financial Results

March 5, 2015 5:31 PM EST

MINNETONKA, Minn.--(BUSINESS WIRE)-- Communications Systems, Inc. (NASDAQ: JCS) (CSI or the Company), a global provider of physical connectivity infrastructure and services for deployments of broadband networks, today announced financial results for the fourth quarter (Q4) and full year ended December 31, 2014, including a discussion of results of operations by segment.

Full Year 2014 Summary

2014 consolidated sales of $119.1 million compared to $131.3 million in 2013. Suttle sales grew 24% Transition Networks sales declined 2% JDL Technologies sales decreased 74%, reflecting the substantial... More