Brief: Communications Systems Says Q4 Sales Fell 24% To $11.7 Mln

Sunation Energy

30/03/2021 22:31

March 30 (Reuters) - Communications Systems Inc  JCS.O :
    * COMMUNICATIONS SYSTEMS, INC. REPORTS 2020 FOURTH QUARTER
AND
YEAR-END FINANCIAL RESULTS
    * Q4 EARNINGS PER SHARE $0.00
    * Q4 SALES FELL 24 PERCENT TO $11.7 MILLION
    * DEFINITIVE MERGER AGREEMENT WITH PINEAPPLE IS SUBJECT TO
APPROVAL BY CSI'S SHAREHOLDERS, WHICH WE  EXPECT IN JUNE 2021
    * COMMUNICATIONS SYSTEMS- CO IN DISCUSSIONS WITH POTENTIAL
BUYERS
FOR BOTH OPERATING BUSINESS SEGMENTS (ELECTRONICS & SOFTWARE AND
SERVICES & SUPPORT)

Source text for Eikon:  ID:nBw3j1FHSa 
Further company coverage:  JCS.O 

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