INSIGNIA SYSTEMS, INC. ANNOUNCES AGREEMENT TO SELL IN-STORE MARKETING BUSINESS TO PARK PRINTING MINNEAPOLIS, MN – May 25, 2023 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) and Park Printing, Inc. (“Park Printing”) today announced entry into an agreement to sell Insignia’s in-store marketing business to a wholly-owned subsidiary of Park Printing for a gross cash purchase …
MINNEAPOLIS, MN – May 9, 2023 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the first quarter ended March 31, 2023 (“Q1”). Overview Q1 2023 net sales increased 108.7% to $12.8 million from $6.1 million in Q1 2022. Q1 2023 operating income was $1.5 million compared to $73,000 in Q1 2022. …
MINNEAPOLIS, MN – March 6, 2023 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the fourth quarter (“Q4”) and the full year ended December 31, 2022. Overview Q4 2022 net sales were $4.5 million, compared to $4.5 million in Q4 2021. Q4 2022 operating loss was $905,000 compared to operating loss …
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MINNEAPOLIS, MN – November 8, 2022 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the third quarter ended September 30, 2022 (“Q3”). Overview Q3 2022 net sales increased 39.4% to $4,869,000 from $3,493,000 in Q3 2021. Q3 2022 operating income was $11,539,000 (including a $12 million gain on litigation) compared to …
MINNEAPOLIS, MN – August 9, 2022 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the second quarter ended June 30, 2022 (“Q2”). Overview Q2 2022 net sales decreased 46.6% to $3.3 million from $6.1 million in Q2 2021. Q2 2022 operating loss was $1.1 million compared to operating loss of $853,000 …
MINNEAPOLIS, MN – May 10, 2022 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the first quarter ended March 31, 2022 (“Q1”). Overview Q1 2022 net sales increased 14.1% to $6.1 million from $5.4 million in Q1 2021. Q1 2022 operating income was $73,000 compared to an operating loss of $1.8 …
MINNEAPOLIS, MN – March 8, 2022 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the fourth quarter (“Q4”) and the full year ended December 31, 2021. Overview Q4 2021 net sales decreased 10.4% to $4.5 million from $5.1 million in Q4 2020. Q4 2021 operating loss was $1.3 million compared to …
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MINNEAPOLIS, MN – December 6th, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) announced today the commencement of a formal process to explore strategic options to maximize shareholder value. Potential strategic alternatives that may be evaluated include, but are not limited to, an acquisition, merger, business combination, in-licensing, or other strategic transaction. There can be …
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MINNEAPOLIS, MN – November 04, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the third quarter ended September 30, 2021 (“Q3”). Overview Q3 2021 net sales decreased 21.2% to $3.5 million from $4.4 million in Q3 2020. Q3 2021 operating loss was $925,000 compared to operating loss of $863,000 in …
MINNEAPOLIS, MN – August 23, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the second quarter ended June 30, 2021 (“Q2”). Overview • Q2 2021 net sales increased 82.1% to $6.1 million from $3.3 million in Q2 2020. • Q2 2021 operating loss was $853,000 compared to operating loss of …