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 …
MINNEAPOLIS, MN – August 13, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today announced selected preliminary operating results for the second quarter ended June 30, 2021 (“Q2 2021”). Overview Q2 2021 net revenue between $5.9 million and $6.1 million Q2 2021 operating loss between $850,000 and $1,050,000 Q2 2021 net loss between $850,000 and …
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MINNEAPOLIS, MN – May 6, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the first quarter ended March 31, 2021 (“Q1”). Overview Q1 2021 net sales increased 15.7% to $5.4 million from $4.7 million in Q1 2020. Q1 2021 operating loss was $1.7 million compared to operating loss of $1.1 …
MINNEAPOLIS, MN – March 9, 2021 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the fourth quarter (“Q4”) and the full year ended December 31, 2020. OVERVIEW Q4 2020 net sales decreased 19.2% to $5.1 million from $6.3 million in Q4 2019. Q4 2020 operating loss was $0.9 million compared to …
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MINNEAPOLIS, MN – December 31, 2020 – Insignia Systems, Inc. (Nasdaq: ISIG) today announced that effective at 5:00 p.m. central time on December 31, 2020, the Company will effect a seven-for-one reverse stock split of its outstanding commonstock. The Company’s common stock will continue to trade under the symbol “ISIG” and it is expected to open for trading on Nasdaq …
MINNEAPOLIS, MN – November 11, 2020 – Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia”) today reported financial results for the third quarter ended September 30, 2020 (“Q3”). Overview Q3 2020 net sales decreased 3.5% to $4.5 million from $4.7 million in Q3 2019, primarily driven by a decrease in overall signage revenue partially offset by increased non-signage Q3 2020 operating loss …