BDR - BDR STOCK NEWS

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) announced the release of the Clearview HEVC advanced IP video transcoder, designed for broadcasters and service providers transitioning to the MPEG HEVC/H.265 standard. This solution enables a 50% reduction in bandwidth requirements, allowing for more HD and 4K channels. The Clearview HEVC transcoder supports various formats and offers operational efficiencies with 24 channels in a single rack unit. The product is integrated with existing systems and provides enhanced compatibility for digital television.

Blonder Tongue Laboratories (NYSE American: BDR) has launched the RMDA 1000-42P, a new Rack-Mount Distribution Amplifier (RMDA) aimed at enhancing broadband capabilities. This amplifier operates at up to 1002 MHz and features a high-gain design of 42dB, catering to systems requiring low distortion. The RMDA 1000 is designed for various applications, promising improved signal delivery and reduced need for additional amplifiers. Manufactured in New Jersey, the product is now available for order, reflecting the company's commitment to quality and innovation in telecommunications.

Blonder Tongue Laboratories (NYSE American: BDR) reported a 2.8% increase in net sales for Q1 2022, totaling $3.34 million compared to $3.25 million in Q1 2021. However, the company faced a net loss of $1.15 million or $0.09 per share, worsening from a loss of $414,000 or $0.04 per share in the prior year. Supply chain issues impacted operations, prompting cost-cutting measures resulting in $187,000 reduction in operating expenses. The company holds a backlog of $10.19 million but remains cautious about future product shipments.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) will report its First Quarter 2022 Earnings Results on May 6, 2022, prior to market opening. Management will conduct a teleconference at 11:00 a.m. ET to discuss the results with investors. The company has a long-standing reputation in telecommunications and cable television video transmission technology, with most products manufactured in New Jersey. Investors can access the audio replay on the Investor Relations webpage.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) reported a 7.7% decline in fourth-quarter net sales to $3.993 million in 2021, down from $4.327 million in 2020. The company recorded a net loss of $(927,000) or $(0.07) per share, improving from a net loss of $(2.413 million) or $(0.23) per share in Q4 2020. For the year, net sales decreased 3.8% year-over-year, totaling $15.754 million with net earnings of $84,000. Challenges from semiconductor supply chain issues are expected to continue into 2022, although a sales backlog of $10.240 million may support growth.

Blonder Tongue Laboratories, Inc. (NYSE American:BDR) will report its Fourth Quarter and Year End 2021 Earnings Results on March 31, 2022. This announcement follows a scheduled teleconference for investors at 11:00 a.m. Eastern Time, where management will discuss the results. Blonder Tongue specializes in telecommunications and cable television video transmission technology, maintaining a strong reputation for reliability and innovation in its New Jersey facility. The company urges stakeholders to review its risk factors as outlined in recent filings with the SEC.

Blonder Tongue Laboratories (NYSE American: BDR) announced that DIRECTV has authorized its Clearview Transcoder series, including the 4:2 and SD models, for deployment by DIRECTV's dealer network. This new solution integrates with Technicolor's COM3000 headend system, supporting efforts to reduce the active satellite fleet. The Clearview series delivers high-quality video with low latency and energy efficiency, requiring less space than traditional servers. This certification expands the portfolio of Blonder Tongue products for DIRECTV distributors.

Blonder Tongue Laboratories (NYSE American: BDR) announced a review of strategic alternatives to enhance stockholder value. The Board of Directors has engaged Emerging Growth Equities, Ltd. as their exclusive financial advisor for this process. No further disclosures regarding the review will be made until a definitive agreement is reached or the process concludes, unless legally required. The company emphasizes its long-standing reputation in telecommunications and cable technology.

Blonder Tongue Laboratories, Inc. (BDR) and TiVo have launched the NXG EDGE with Cryptolink™, an advanced video platform tailored for small to medium businesses and hospitality venues. This solution streamlines the transition from OTT to linear broadcast, accommodating up to 64 video channels per blade and supporting various content formats. Key features include customizable channel lineups, local insertion for promotional content, and emergency alert signaling. This innovation aims to enhance video service offerings while reducing infrastructure costs.