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Communications Systems reports 4Q loss

MINNETONKA, Minn. (AP) _ Communications Systems Inc. (JCS) on Tuesday reported a loss of $1.8 million in its fourth quarter.

The Minnetonka, Minnesota-based company said it had a loss of 21 cents per share.

The broadband network services company posted revenue of $22.8 million in the period.

For the year, the company reported that its loss narrowed to $8.1 million, or 92 cents per share. Revenue was reported as $99.4 million.

In the final minutes of trading on Tuesday, the company's shares hit $4.56. A year ago, they were trading at $7.20.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JCS at https://www.zacks.com/ap/JCS


Keywords: Communications Systems, Earnings Report