Technology - Monday, December 21, 2009 15:27 - 0 Comments

Conolog Corp. CNLG Shares Up 2.79% in Morning Session

Conolog Corporation announced today the results for the three months ended October 31, 2009.

Product revenues for the three months ended October 31, 2009 totaled $468,096 representing an increase of 3% compared to the $456,681 reported for the same period last year. The Company attributes this to increased order releases.

Product Cost for the three months ended October 31, 2009 and 2008 totaled $196,883 and $104,305 respectively. The overall Product Cost continues to be contained by the standardizing of costs to build our new PDR-2000 systems and the continued outsourcing of assemblies.

Last Trade: 1.4699
Trade Time: 10:04am ET
Change: Up 0.0399 (2.79%)
Prev Close: 1.43
Open: 1.47
Day’s Range: 1.46 – 1.47
52wk Range: 0.97 – 6.64
Volume: 4,200
Avg Vol (3m): 81,355.4
Market Cap: 4.67M

About Conolog Corp.

Conolog Corporation, together with its subsidiaries, engages in the design, manufacture, and distribution of small electronic, and electromagnetic components and subassemblies. Its products include transducers, which are electro-magnetic devices that convert electrical energy into mechanical and other forms of physical energy, or conversely convert mechanical and other forms of physical energy into electrical energy; digital signal processing systems and electromagnetic wave filters for differentiation among discreet audio and radio frequencies; audio transmitters and modulators for the transmission over telephone lines, microwave circuits, or satellite of electrical signals obtained from transducers, data generated in electronic code form, and by computers.