| To: deeno who wrote (2056) | 4/10/2010 11:36:52 AM | | From: Savant | | | | At last count, Norris had control of 4,889,874 shares.
Doubt this would happen, if he didn't want it to; but stranger things have happened. |
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| From: Savant | 4/28/2010 9:04:26 PM | | | | | | LRAD Corporation Announces Fiscal Second Quarter 2010 Conference Call & Webcast
Company Sets Date for Special Meeting of Stockholders on Proposed HSS(R) Business
Spin-Off
SAN DIEGO, CA, Apr 28, 2010 (MARKETWIRE via COMTEX) -- LRAD Corporation (LRAD)
will conduct a conference call and webcast to discuss the Company's fiscal second
quarter 2010 business and financial results on May 5, 2010 at 1:30 p.m. Pacific
Time. The Company is scheduled to issue its fiscal second quarter 2010 financial
results after market close on May 4, 2010.
To access the conference call, please dial (866) 837-9789; the conference
participant code is 1451811. A question and answer session will be available to
dial-in callers after the speakers' presentation. The conference call will also
be available through the Webcast link below (listen-only mode):
WEBCAST LINK
event.on24.com
To participate, please dial-in/log-on at least 5 minutes prior to the scheduled
start time in order to download and install any necessary audio software and/or
to register for the call. Questions to management can be submitted prior to the
conference call by e-mailing them to: investor@lradx.com. The webcast will be
recorded and available for replay through the Webcast link above approximately 24
hours after the conference call. The replay will be available for approximately
thirty days.
LRAD Corporation also announced today that it has scheduled June 2, 2010 for its
special meeting of stockholders in connection with the proposed spin-off of its
HSS(R) technology business. For more information regarding the proposed spin-off,
please view the Company's April 8, 2010 press release:
lradx.com.
About LRAD Corporation LRAD Corporation's Long Range Acoustic Device(R) (LRAD(R))
directional sound systems are being used around the world in diverse applications
including, fixed and mobile military deployments, maritime security, critical
infrastructure and perimeter security, commercial security, border and port
security, law enforcement and emergency responder communications, and wildlife
preservation and control. For more information about LRAD Corporation and its
long-range directional sound systems, please visit the company's web site at
lradx.com. |
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| To: riposte who wrote (2024) | 8/4/2010 6:18:18 PM | | From: Savant | | | | LRAD Corporation Reports Profitable Fiscal Q3 2010 and Record Fiscal Nine-Month
Profit
Company on Track to Record First Profitable Fiscal Year
SAN DIEGO, CA, Aug 04, 2010 (MARKETWIRE via COMTEX) -- LRAD Corporation (LRAD),
the global leader in acoustic hailing devices (AHDs), today reported revenues of
$3.1 million and a quarterly profit of $68,000, or $0.00 per diluted share, for
its fiscal third quarter ended June 30, 2010 (fiscal Q3 2010). The Company also
reported revenues of $12.0 million and a record profit of $2.1 million, or $0.07
per diluted share, for the nine-month period ended June 30, 2010.
"We delivered our third consecutive profitable quarter in spite of delays in
receiving expected orders from the U.S. Military," commented Tom Brown, president
and chief executive officer of LRAD Corporation. "We shipped approximately
$700,000 of the over $3.0 million in U.S. military orders received and reported
in the last two weeks of fiscal Q3. New orders, along with the remaining $2.3
million in fiscal Q3 LRAD(R) orders, are scheduled to ship this quarter (fiscal
Q4 2010) and in our next fiscal year."
Revenues for fiscal Q3 2010 decreased 30% to $3.1 million from $4.4 million
recorded in fiscal Q3 2009 due primarily to delays in receiving orders from the
U.S. Military. Gross profit for fiscal Q3 2010 was $1.5 million, or 49% of
revenues, compared to $2.0 million, or 45% of revenues, for the quarter ended
June 30, 2009, primarily due to reduced revenue.
Operating expenses for fiscal Q3 2010 decreased by 18% to $1.5 million, compared
to $1.9 million for the same period in the prior year. Non-cash share-based
compensation expense decreased by $216,000 and commission expense decreased by
$192,000, offset by an increase of $97,000 for bonus accrual.
Net income for fiscal Q3 2010 was $68,000, or $0.00 per diluted share, compared
to net income of $136,000, or $0.00 per diluted share, for the same period last
year. Net income decreased due to lower revenue partially offset by lower
operating expenses, and a $74,000 unrealized gain on derivative revaluation
related to warrant instruments with re-pricing options.
For the nine months ended June 30, 2010, revenues decreased 6% to $12.0 million
from $12.8 million recorded for the nine months ended June 30, 2009. For the
first nine months of fiscal 2010, gross profit was $6.5 million, or 54% of
revenues, compared to $6.2 million, or 49% of revenues, for the same period a
year ago. Gross profit increased year to date despite a reduction in revenues due
to improved product margins from lower product costs, lower warranty costs,
reduced inventory obsolescence expense, and reduced manufacturing overhead
spending.
Operating expenses for the nine months ended June 30, 2010 were $5.0 million, a
decrease of $1.1 million from the same period a year ago. The reduction from the
prior year was due primarily to decreases of $1.0 million in non-cash share-based
compensation expense, $303,000 in sales commission expense, $96,000 of favorable
accounting and audit services, and $72,000 in lower salaries, offset by $32,000
of increased marketing expenses, $62,000 in higher product development expenses,
and $260,000 for accrued bonuses.
Net income for the nine months ended June 30, 2010 was $2.1 million, or $0.07 per
diluted share, compared to net income of $134,000, or $0.00 per share, for the
same nine-month period last year. The Company's profitable results for the first
nine months of fiscal 2010 were due to improved gross margins, a reduction in
selling, general and administrative expenses, and a $748,000 unrealized gain on
derivative revaluation. Cash and cash equivalents at June 30, 2010 were $5.7
million, compared to $5.1 million at September 30, 2009. The increase was
primarily due to net income during the nine months ended June 30, 2010.
"We remain on course for anticipated record fiscal year revenues, reporting our
fourth consecutive profitable quarter, and our first profitable fiscal year,"
concluded Brown. "We look forward to discussing our fiscal Q3 2010 results and
other business developments on our August 5th conference call."
About LRAD Corporation LRAD Corporation's Long Range Acoustic Device(R) (LRAD(R))
directional sound systems are being used around the world in diverse applications
including, fixed and mobile military deployments, maritime security, critical
infrastructure and perimeter security, commercial security, border and port
security, law enforcement and emergency responder communications, and wildlife
preservation and control. For more information about LRAD Corporation and its
long-range directional sound systems, please visit the company's web site at
lradx.com. |
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| To: Savant who wrote (2059) | 8/5/2010 1:21:32 PM | | From: Starlight | | | | LRAD Corporation Awarded $6.2 Million LRAD-RX(R) Systems and Services Order From U.S. Navy
8:30 am ET 08/04/2010- Market Wire
SAN DIEGO, CA -- (MARKET WIRE) -- 08/04/10 -- LRAD Corporation(NASDAQ: LRAD), the global leader in acoustic hailing devices (AHDs), announced today it has been awarded a multi-year $6.2 million integrated LRAD-RX® systems and services order from the U.S. Navy. Per the U.S. Navy's schedule, the initial delivery from this order is scheduled to ship before the end of the calendar year.
"The U.S. Navy's selection of LRAD-RX as their remotely controlled AHD is a major milestone in the deployment of LRAD systems throughout the fleet," remarked Tom Brown, president and CEO of LRAD Corporation. "The award was competitively bid and we received it after going head-to-head with another AHD offering in extensive testing conducted by the U.S. Navy. We're pleased to be part of the Shipboard Protection System and for the U.S. Navy's recognition of LRAD and our proprietary pan and tilt drive as the best AHD solution."
LRAD Corporation's proprietary LRAD-RX is the prescription for remotely controlled security, enabling system operators to detect and broadcast to an intruder over distance. Featuring an integrated camera, high-intensity searchlight (optional) and LRAD Corporation's robust, IP-addressable full pan and tilt drive for precise aiming and tracking, LRAD-RX can also be integrated with radar to provide automated intruder alerts. Because of its automated capabilities, LRAD-RX reduces manpower and false alarms while providing a highly productive, cost-effective security solution.
LRAD-RX uses its directionality and focused acoustic output to clearly transmit critical information, instructions and warnings beyond 3000 meters. Through the use of focused multi-lingual voice commands and deterrent tones, LRAD creates increased standoff and safety zones, supports peaceful conflict resolution, and potentially prevents the use of deadly force.
"Our integrated LRAD-RX system is highly effective in the marine environment communicating over distance, determining intent, resolving uncertain situations and saving lives on both sides of the device," concluded Brown.
About LRAD CorporationLRAD Corporation's Long Range Acoustic Device® (LRAD®) directional sound systems are being used around the world in diverse applications including, fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control. For more information about LRAD Corporation and its long-range directional sound systems, please visit the company's web site at www.lradx.com. |
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| From: Savant | 3/15/2016 8:53:39 PM | | | | | | Woody, they've 'discovered' HyperSound... Indiegogo project...They claim they can do
the lower frequencies, also...down to 60 Hz...and higher, up to 20,000 Hz...
indiegogo.com
Speaker " « A » diffuses low frequencies in the very middle of its beam and there are so physically tight that you have to aim right to hear them."
"60Hz to 20kHz"
Somehow, I don't believe them...but, hey.... |
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