Technology

Mixed 3Q for Blonder Tongue

11/14/2006 8:22 AM Eastern

Blonder Tongue Laboratories reported lower net sales for the third quarter of 2006, but the cable-gear vendor moved into the black.

Net sales of $9.578 million were down 0.9% from $9.666 million in the year-ago period, but the company posted net income of $175,000, or $0.02 per share, compared with a net loss of $3.516 million ($0.44) in the third quarter of 2005.

March