About CSI

Articles Published by CSI

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 »

Communications Systems, Inc. Acquires IVDesk’s Operating Assets

Acquisition is immediately accretive and provides predictable, recurring DaaS revenue Minnetonka, MN – November 4, 2020 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge… Read more »

Communications Systems, Inc., Launches “Software-as-a-Service” Private LTE Offering

New business model is focused on making higher margin, recurring and highly predictable services an increasing proportion of future revenue MINNEAPOLIS, Minn.—November 2, 2020— Communications Systems, Inc. (NASDAQ: JCS) (“CSI”… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS – *Revised*

New reporting segments reflect focus on intelligent edge solutions for the global IoT ecosystem and services business; after the Ecessa acquisition, the Company is seeking new acquisition opportunities in adjacent… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS 2019 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS

FY 2019 was a year of improved financial and operational performance, highlighted by higher revenue, improved margins, lower corporate costs, and a return to profitability Announces 2020 growth strategy Minnetonka,… Read more »

Communications Systems, Inc., Subsidiary Suttle, Inc. Sells the Remainder of its Business Lines to Oldcastle Infrastructure, Inc.

Minnetonka, MN – March 11, 2020 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that its wholly-owned subsidiary… Read more »

Communications Systems, Inc., Declares Quarterly Dividend of $0.02 per Share

Minnetonka, MN – February 27, 2020 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), a global provider of enterprise network infrastructure, voice and data communication products and services… Read more »

Communications Systems, Inc. To Participate In The Benchmark Annual Discovery Investor Conference In NYC On December 4th

Minnetonka, MN – December 2, 2019 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), a global provider of enterprise network infrastructure, voice and data communication products and services… Read more »