BDR - BDR STOCK NEWS

Blonder Tongue Laboratories (NYSE American: BDR) has launched its first Adaptive Bit-Rate (ABR) encoder, the Clearview HD2X QAM IP, designed for Over-The-Top (OTT) video streaming and cloud applications. This hardware-based encoder supports various input formats including HDMI and 4K UHD, allowing dual-channel encoding. Pre-orders start on February 14, with shipping expected in 12 to 14 weeks. This product aims to assist service operators transitioning to IP architectures while providing features like remote management and robust encoding options.

Blonder Tongue Laboratories, Inc. (NYSE American:BDR) has announced that its 2022 Annual Meeting of Stockholders is scheduled for May 25, 2022, at 10:00 a.m. at the company's headquarters in Old Bridge, New Jersey. Only stockholders on record as of April 14, 2022, will be eligible to vote. Blonder Tongue is a leader in cable television video transmission technology, providing solutions for digital video management and broadband distribution. The company emphasizes U.S.-based engineering and has maintained its manufacturing facility in New Jersey for over 50 years.

Blonder Tongue Laboratories (NYSE American: BDR) received a notice from NYSE American regarding its stock delisting due to non-compliance with stockholder equity requirements. The company was unable to demonstrate compliance within an 18-month period that ended on December 10, 2021. Blonder Tongue plans to appeal the decision, and its shares will continue trading during the appeal process. Despite the notice, the company's operations and reporting obligations with the SEC remain unaffected.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) announced the tragic death of Board member Rick Briggs, who died in an aircraft accident on November 24, 2021. Briggs, who joined the Board in August 2020, was recognized for his strategic marketing skills and dedication to customer satisfaction. His contributions were pivotal in the company's transformation. The company, a leader in telecommunications and cable television technology, continues to manufacture most products in its New Jersey facility, upholding a reputation for reliability and innovation.

Blonder Tongue Laboratories (NYSE American: BDR) has announced significant updates to its NXG video delivery platforms. The new features allow for IP input/output configuration directly on the NXG Master Controller, eliminating the need for separate modules and saving rack space, costs, and power. Enhanced security measures, such as IP Whitelisting, improve remote access safety. These advancements respond to growing customer needs for increased content sources and remote management, positioning Blonder Tongue as a leader in cost-effective video solutions.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) announced its financial results for Q3 and the first nine months of 2021. Net sales for Q3 were $4,172,000, up marginally by 0.02% year-over-year, with a net loss of $(201,000) compared to a loss of $(1,787,000) in Q3 2020. For the nine-month period, sales decreased 2.4% to $11,761,000, while net income improved to $1,011,000 from a loss of $(5,061,000) the previous year, aided by government assistance programs. The company faces ongoing semiconductor supply chain challenges but anticipates improved bookings in Q4.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) will report its Third Quarter 2021 Earnings Results on October 22, 2021, prior to market opening. A teleconference will follow at 11:00 a.m. Eastern Time for management to discuss the results with investors. The audio replay will be accessible on their Investor Relations webpage. Blonder Tongue specializes in cable television video transmission technology and has been a leader in the industry for over 50 years, providing innovative solutions for digital video management and distribution.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) has introduced the Aircaster AQT8 series of transmodulators, allowing the reception of up to 64 off-air programs for IP or QAM private network broadcasting. This innovative tool simplifies the rebroadcasting process by consolidating equipment needs, eliminating the requirement for multiple digital converters and splitters. The Aircaster AQT8 serves various sectors, including commercial properties and service operators, offering features like signal testing, virtual channel mapping, and emergency alert control. This launch expands the company’s product offerings in digital video management.

Blonder Tongue Laboratories, Inc. (NYSE American: BDR) reported a net sales increase of $507,000 or 13.2% to $4,338,000 for Q2 2021, compared to $3,831,000 in Q2 2020. Net income reached $1,626,000 ($0.11/share), reversing a loss of $(1,194,000) in the previous year. Despite a 3.7% decline in six-month net sales to $7,589,000 from $7,881,000, the company reported net income of $1,212,000. Positive trends were noted in transcoder and NXG product lines. Nonetheless, liquidity concerns persist, raising doubts about the company’s continued operations.