Communications Systems: 2Q Earnings Snapshot
MINNETONKA, Minn. (AP) _ Communications Systems Inc. (JCS) on Wednesday reported second-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Minnetonka, Minnesota-based company said it had profit of 30 cents.
The broadband network services company posted revenue of $15.4 million in the period.
The company’s shares closed at $3.66. A year ago, they were trading at $3.60.