Blonder Tongue Laboratories Inc - BDRL stock

From OTC Wiki


Description[edit]

Blonder Tongue Laboratories, Inc. is a technology development and manufacturing company based in the United States, specializing in television (TV) signal encoding, transcoding, digital transport, and broadband product solutions. They offer a variety of encoders/transcoders, including 4K/ultra-high definition, high definition, standard definition, MPEG-2, MPEG-4/H.264, and HEVC/H.265 capable options, as well as QPSK, 8PSK, and QAM transcoders. Additionally, they provide NXG IP digital video processing and headend products for IPTV format conversions and simulcast use cases, coax distribution products, CPE products like Android-based IPTV set-top boxes, digital modulation products, and various other services and equipment for the telecommunications industry. The company was founded in 1950 and is headquartered in Old Bridge, New Jersey.[1]

As of August, 2023, Blonder Tongue had 79 employees. Products are designed and manufactured in at their facility in Old Bridge, NJ.[2]

History[edit]

Founding and Early Days[edit]

Blonder Tongue Laboratories, Inc. has a long and significant history in the telecommunications industry. The company was founded in 1950 by entrepreneur Isaac S. Blonder and engineer Ben H. Tongue. The partnership of these two individuals led to the creation of the company, which was initially known as Blonder-Tongue Laboratories. The company's early years were focused on developing innovative products for the television broadcasting and cable television industries. Blonder Tongue played a crucial role in the early days of cable television, as it developed equipment and technologies that helped enhance signal quality and distribution in the emerging cable TV networks. One of the company's early breakthroughs was the development of the variable equalizer, a device used to compensate for signal distortions in cable systems. This invention significantly improved the transmission quality and expanded the reach of cable television networks.[3]

Product Development[edit]

Over the years, Blonder Tongue continued to innovate and diversify its product offerings. The company expanded into other areas of the telecommunications industry, providing a wide range of solutions for TV signal encoding, transcoding, digital transport, and broadband product solutions. Today, Blonder Tongue Laboratories, Inc. remains a prominent player in the telecommunications and media technology sector. The company's continued commitment to innovation and the development of cutting-edge products has enabled it to adapt to the evolving needs of the industry and maintain its relevance in the digital age.[4]

Financial Performance[edit]

Financial performance for Blonder Tongue Labs:[5]

Year Ending Total Revenue Net Income Earnings per Share Total Liabilities Cash Balance
12/31/2022 $18,115,000 ($2,920,000) ($0.22) $13,931,000 $79,000
12/31/2021 $15,754,000 $84,000 $0.01 $8,625,000 $274,000
12/31/2020 $16,379,000 ($7,474,000) ($0.76) $9,893,000 $69,000
12/31/2019 $19,842,000 ($742,000) ($0.08) $10,984,000 $572,000
  1. Yahoo Finance. BDRL Stock Profile. Retrieved on 7/31/2023.
  2. Linkedin. About Blonder Tongue Labs. Retrieved on 8/14/2023.
  3. Reference for Business. Blonder Tongue Laboratories, Inc. - Company Profile, Information, Business Description, History, Background Information on Blonder Tongue Laboratories, Inc. Retrieved on 7/31/2023.
  4. Wikipedia. Blonder Tongue Labs. Retrieved on 7/31/2023.
  5. OTC Markets. BDRL Stock Financials. Retrieved on 8/14/2023.

The page is authored by: Wisdom Tree