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Blonder Tongue Reports Fourth Quarter and Year End 2020 Results

Blonder Tongue Reports Fourth Quarter and Year End 2020 Results
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Blonder Tongue Laboratories, Inc.: Blonder Tongue Reports Fourth Quarter and Year End 2020 Results

Blonder Tongue Laboratories, Inc.: Blonder Tongue Reports Fourth Quarter and Year End 2020 Results
BDR) announced its sales and results for the fourth quarter and year ended December 31, 2020.
Commenting on the year end and fourth quarter results, Chief Executive Officer Ted Grauch noted, Faced with a very difficult pandemic affected marketplace in 2020, the Company focused the year on completing a number of major organizational changes, R&D and intellectual property (IP) investments, product development, and inventory reduction programs. The acceleration of our operational restructuring in 2020 was completed along with streamlining both our manufacturing and engineering processes. The net result has been a lowering of the Company s operating costs by approximately $940,000 during 2020 versus 2019 and additional reductions that have been implemented in Q1 2021. The Company s operating expenses are now reduced by approximately $192,000 per month vs. one year ago. Our initi ....

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Blonder Tongue Reports Fourth Quarter and Year End 2020 Results

Blonder Tongue Reports Fourth Quarter and Year End 2020 Results
newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.

United States , New Jersey , Ted Grauch , Eric Skolnik , Exchange Commission , Going Concern Although The Company , Blonder Tongue Laboratories Inc , Midcap Business Credit , Blonder Tongue Laboratories , Chief Executive Officer Ted Grauch , Video Signal Processing , Fiber Optics , Tongue Laboratories , Midcap Facility , Midcap Facility , Annual Report , Explanatory Paragraph Going Concern , Related Informationon , Blonder Tongue Investor Relations , Tongue Labs , Safe Harbor Statement , Private Securities Litigation Reform Act , Blonder Tongue , Risk Factors , Legal Proceedings , Financial Condition ,

Blonder Tongue Reports Fourth Quarter and Year End 2020 Results

Blonder Tongue Reports Fourth Quarter and Year End 2020 Results
saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.

United States , New Jersey , Ted Grauch , Eric Skolnik , Exchange Commission , Going Concern Although The Company , Blonder Tongue Laboratories Inc , Midcap Business Credit , Blonder Tongue Laboratories , Chief Executive Officer Ted Grauch , Video Signal Processing , Fiber Optics , Tongue Laboratories , Midcap Facility , Midcap Facility , Annual Report , Explanatory Paragraph Going Concern , Related Informationon , Blonder Tongue Investor Relations , Tongue Labs , Safe Harbor Statement , Private Securities Litigation Reform Act , Blonder Tongue , Risk Factors , Legal Proceedings , Financial Condition ,