MINNETONKA, Minn. (AP) _ Communications Systems Inc. (JCS) on Monday reported first-quarter net income of $240,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Minnetonka, Minnesota-based company said it had net income of 3 cents.
The broadband network services company posted revenue of $16.7 million in the period.
The company's shares closed at $2.80. A year ago, they were trading at $3.60.
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