Communications Systems (JCS) Tops Q3 EPS by 24c
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Communications Systems, Inc. Reports Third Quarter 2015 Financial Results
November 4, 2015 5:00 PM ESTMINNETONKA, 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 third quarter (Q3) and nine months ended September 30, 2015, including a discussion of results of operations by segment.
Third Quarter 2015 Summary
Consolidated sales were $32.3 million compared to $33.4 million in Q3 2014. Suttle sales declined 24%, primarily reflecting lower legacy product sales. Transition Networks sales increased 10%. JDL Technologies sales rose 124%.... More