Decreased headend sales slump Blonder Tongue $2M in Q3
Cable hardware vendor Blonder Tongue Laboratories (AMEX: BDR) posted about $7 million in net sales for the third quarter, down from the $9.2 million in sales it generated this time last year.
The company blamed the $2 million decrease in sales on a reduction in sales of digital video headend products, including the EdgeQAM category. The company also saw a decrease in sales of analog headend products.
Blonder Tongue CEO James Luksch said in the earnings release that the company is seeing increased interest from cable operators in its high-definition encoders. "Several of our most advanced products are being considered by numerous multiple system operators, with evaluation unit deployments underway," Luksch said in a prepared statement.
For more:
- see the earnings release
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