Blonder Tongue Laboratories, Inc. (BDR) designs and manufactures telecommunications and cable television video transmission technology in the U.S. Let’s have a look at BDR’s recent fiscal third quarter 2021 financials and understand what has changed in its key risk factors that investors should know.
Net sales remained relatively flat at $4.17 million, recording an increase of 0.02%. An increase in sales of IP video transcoder products and NXG IP digital video processing products was offset by lower sales of analog video headend products and CPE products during this period.
The President and CEO of BDR, Ted Grauch, said, “We have continued to grow sales of our high technology and higher-margin IP video encoding, transcoding, transmission, video security and video signal processing product lines such as the NXG, Clearview, and Aircaster lines.
“We have done a great job during the quarter turning a number of customer relationships into longer-term supply commitments, and we have greatly increased our bookings and multi-month product backlog in the process.” (See Insiders’ Hot Stocks on TipRanks)
During the third quarter, BDR witnessed a semiconductor supply chain disruption, which impacted its operations while the associated material costs increase impacted its margins. The company sees these supply chain constraints impacting the whole industry in 2022.
Net loss per share of the company narrowed to $0.02 from $0.18 a year ago. Shares are down 21.5% so far this year.
Now, let’s look at what has changed in the company’s key risk factors.
According to the new Tipranks’ Risk Factors tool, BDR’s top risk category is Finance & Corporate, which accounts for 35% of the total 31 risks identified. The company has added one new risk factor in its recent third-quarter report.
Under the Finance & Corporate risk category, BDR highlights that its common shares have seen price and volume gyrations, which may continue. Such volatility can result in a loss of a substantial portion of stockholders’ investment.
The daily trading volume in BDR shares has ranged from approximately 34,700 to approximately 26 million so far during 2021. The Macro & Political risk factor’s sector average is at 11%, compared to BDR’s 23%.
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