About CSI

Articles Published by CSI

Communications Systems, Inc. Announces Amendment to Merger Agreement with Pineapple Energy LLC

Communications Systems, Inc. Announces Amendment to Merger Agreement with Pineapple Energy LLC Announces Sale of Hector, Minnesota Real Estate Holdings; Provides Information on Nature of October 15, 2021 $3.50 Special Cash… Read more »

Communications Systems, Inc. Enters into a Purchase Agreement to Sell its Headquarters Building for $6.8 Million

Communications Systems, Inc. Enters into a Purchase Agreement to Sell its Headquarters Building for $6.8 Million Minnetonka, Minnesota – November 22, 2021 — Communications Systems, Inc. (Nasdaq: JCS) (“CSI” or… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS THIRD QUARTER 2021 FINANCIAL RESULTS

Records $13.5 million gain on sale of Electronics & Software business segment Minnetonka, MN – November 15, 2021 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), which has… Read more »

Special Dividend – Ex-dividend date October 18th

On September 13, 2021, Communications Systems, Inc. (“CSI”) issued a press release announcing that its board of directors had declared a special dividend of $3.50 per share payable on October… Read more »

Communications Systems’ Special Meeting of Shareholders Approved the Sale of its Transition Networks and Net2Edge businesses to Lantronix

Minnetonka, MN – July 28, 2021 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), formerly an IoT intelligent edge products and services company, today announced that at its… Read more »

Communications Systems, Inc. Announces $25.0 Million Equity Financing to Close Concurrently with CSI–Pineapple Merger and Fund Growth Initiatives Offering Includes Additional $25.0 Million in Investor Warrants

  OFFERING INCLUDES ADDITIONAL $25.0 MILLION IN INVESTOR WARRANTS   Minnetonka, Minnesota – June 28, 2021 — Communications Systems, Inc. (Nasdaq: JCS) (“CSI” or the “Company”) announced today that it… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

Reporting strong growth and margin improvement Minnetonka, MN – May 7, 2021 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), which has operated as a global IoT intelligent… Read more »

Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million paid at Closing plus up to an Additional $7.0 Million in Earnout Payments

Following closing, CSI intends to distribute $3.50 cash per share or approximately $35 million to its shareholders from the net sale proceeds and other available cash Minnetonka, MN – April… Read more »

Communications Systems, Inc. Reports 2020 Fourth Quarter and Year-End Financial Results

Minnetonka, MN – March 30, 2021 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced financial results for the… Read more »

Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC

—CSI to Refocus on Residential Solar and Battery Storage Market— —Concurrently to Acquire Hawaii Energy Connection and E-GEAR— —Intends to Build a Leading National Residential Solar Energy Service Provider— —CSI… Read more »