Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 06, 2016 6:49 PM ET

Communications Equipment

Company Overview of CoSine Communications Inc.

Company Overview

CoSine Communications, Inc., through its subsidiary, API Group plc, manufactures and distributes foils, films, and laminates. Its products are used to enhance the visual appeal of products and packaging. The company serves industrial markets in Europe, North America, and Australasia. CoSine Communications, Inc. is based in Los Gatos, California. CoSine Communications Inc. operates as a subsidiary of Steel Partners Holdings L.P

61 East Main Street

Suite B

Los Gatos, CA 95030

United States

Phone:

408-399-6494

Key Executives for CoSine Communications Inc.

Chief Executive Officer and Director
Age: 61
Chief Financial Officer
Compensation as of Fiscal Year 2015.

CoSine Communications Inc. Key Developments

CoSine Communications Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

CoSine Communications Inc. announced unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported a net loss of $943,000 or $0.04 per basic and diluted common share, as compared to a net loss of $267,000 or $0.03 per basic and diluted common share, for the quarter ended September 30, 2014. The results for the quarter ended September 30, 2015 include net sales of $43,495,000 and operating income of $636,000 from the previously announced acquisition of API Group Plc. Loss from operations was $218,000 compared with $268,000 a year ago. Loss before provision for income taxes was $933,000 compared with $267,000 a year ago. For the nine months, the company had a net loss of $2,447,000 or $0.12 per basic and diluted common share, as compared to a net loss of $575,000 or $0.06 per basic and diluted common share, for the nine months ended September 30, 2014. The results for the nine months ended September 30, 2015 include net sales of $70,291,000 and an operating loss of $98,000 from the acquisition of API for the period of April 17, 2015 to September 30, 2015. Loss from operations was $8,404,000 compared with $575,000 a year ago. Loss before provision for income taxes was $2,021,000 compared with $574,000 a year ago.

CoSine Communications, Inc. Proposes Amendments to Fourth Amended and Restated Certificate of Incorporation

CoSine Communications Inc. announced that its board of directors has approved a transaction that provides immediate value and liquidity to CoSine's stockholders. It anticipates that on or about December 11, 2015 the holders of a majority of the shares of CoSine's common stock, $0.0001 par value per share, constituting a majority of CoSine's outstanding voting capital, will adopt resolutions by written consent, in lieu of a meeting of stockholders, to approve amendments to CoSine's Fourth Amended and Restated Certificate of Incorporation, as amended, to effect a 1-for-80,000 reverse stock split of CoSine's Common Stock such that stockholders owning fewer than 80,000 shares of CoSine's Common Stock will have such shares cancelled and converted into the right to receive $4.40 for each share of Common Stock held prior to the Reverse Stock Split, and effect, immediately following the Reverse Stock Split, a 80,000-for-1 forward stock split of CoSine's Common Stock.

CoSine Communications, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

CoSine Communications Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported loss from operations was $1,592,000 against $144,000 a year ago. Income before provision for income taxes was $1,549,000 against loss before provision for income taxes of $143,000 a year ago. Net income less preferred stock dividends was $1,236,000 or $0.05 basic and diluted per common share against net loss less preferred stock dividends of $143,000 or $0.01 basic and diluted per common share a year ago. Net Sales were of $26,796,000. For the six months, the company reported net sales of $26,796,000. Loss from operations was $8,185,000 against $308,000 a year ago. Loss before provision for income taxes was $1,086,000 against $307,000 a year ago. Net loss less preferred stock dividends was $1,934,000 or $0.08 basic and diluted per common share against $308,000 or $0.03 basic and diluted per common share a year ago.

Similar Private Companies By Industry

Company Name Region
France Telecom Long Distance USA, LLC United States
CenturyTel Midwest - Michigan, Inc. United States
Control Devices, Incorporated United States
Ringdale, Inc. United States
Salient 3 Communications Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 3, 2015
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CoSine Communications Inc., please visit www.cosinecom.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.