Wegener Corporation (NASDAQ:WGNR) has released the preliminary financial results for the first quarter ended November 27, 2009. The company reported its preliminary operating results for the quarter revenues of $1.9 million, with a net loss of $(992,000), or $(0.08) per share. The company’s first quarter fiscal 2009 revenues were $2.3 million, with a net loss of $(1.2) million, or $(0.09) per share.
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The company has scheduled a conference call for Monday, January 11 at 4:15 pm ET to review the financial results. Interested parties may join the call by dialing 1.800.299.9086, or 1.617.786.2903 and providing the participant code 73467021. A webcast of the call will also be made available on the company’s website, http://www.wegener.com/.
Wegener Corporation (Wegener), through its wholly owned subsidiary, Wegener Communications, Inc. (WCI), operates as an international provider of digital video and audio solutions for broadcast television, radio, telco, private and cable networks. WCI’s product line includes iPump media servers for file-based and live broadcasts; Compel Network Control and Compel Conditional Access for dynamic command, monitoring and addressing of multi-site video, audio, and data networks; and the Unity satellite media receivers for live radio and video broadcasts. Applications served include digital signage, linear and file-based television (TV) distribution, linear and file-based radio distribution, Nielsen rating information, broadcast news distribution, business music distribution, corporate communications, video and audio simulcasts.
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