Blonder Tongue Labs, Inc. (BDR) Issues Earnings Results
Blonder Tongue Labs, Inc. (NYSEMKT:BDR) released its quarterly earnings data on Monday. The technology company reported ($0.03) earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $6.16 million during the quarter. Blonder Tongue Labs had a negative return on equity of 15.45% and a negative net margin of 4.29%.
Shares of Blonder Tongue Labs (NYSEMKT BDR) opened at 0.52 on Tuesday. Blonder Tongue Labs has a 52-week low of $0.41 and a 52-week high of $1.29. The stock’s market capitalization is $4.22 million. The firm’s 50 day moving average is $0.56 and its 200 day moving average is $0.60.
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Blonder Tongue Labs Company Profile
Blonder Tongue Laboratories, Inc (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports.
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