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Welcome |
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A message from President and CEO, Jeffrey K. Berg
2009 was an interesting and very challenging year for Communications Systems, Inc. (CSI). Coming off the best year in CSI’s 40-year history in 2008, we were cautiously optimistic about 2009. It was a hard act to follow. CSI had a good year in 2009 and, in fact, was recognized twice during the year by two nationally-known organizations.
A message from Vice President and CFO, David T. McGraw
CSI's balance sheet remains very strong with a current ratio of 6 to 1 and cash equivalents and investments have increased by $4.6 million dollars to $34,600,000 from December 31, 2008. Net investment income has increased by 54% in 2009 compared to the first six months of 2008, due to a shift in investment strategy that started in 2008.
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Contact Us |
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Communications Systems, Inc.
10900 Red Circle Drive
Minnetonka, MN 55343
Phone: 952.996.1674
Fax: 952.996.1693
info@commsysinc.com
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Recent News |
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Communications Systems, Inc. Reports Second Quarter and Six Months 2010 Results
Aug 9, 2010 -- CSI reported financial results for its second quarter and six months ended June 30, 2010.
CSI Announces Payment of Quarterly Dividend
Jun 7, 2010 -- CSI announced today that the Company's Board of Directors has declared a cash dividend of $.15 per share of common stock payable to shareholders of record on June 21, 2010.
Minnesota West Foundation Receives Equipment Donation From CSI
May 20, 2010 -- The Minnesota West Foundation received equipment donations valued at $700,000 from CSI, subsidiaries JDL Technologies, Inc. and Transition Networks, Inc.
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