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March 26, 2015 6:51 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Sentry Technology Corp.

Company Overview

Sentry Technology Corporation designs, manufactures, markets, and services a line of CCTV, Library patron self-service, and radio frequency identification (RFID) solutions; and EAS security systems worldwide. The company offers traveling video systems, including SentryVision SmartTrack, a traveling camera system that offers one and two pan, tilt, and zoom camera carriages, which travel along a ceiling or wall mounted aluminum rail; HIPccTV to manage operations, security, and safety in businesses; and VideoRailway that includes a single HD/IP video camera, which travels along straight and curved rail segments that can be configured in a continuous loop. It also provides library solutions, inc...

1881 Lakeland Avenue

Ronkonkoma, NY 11779

United States

Founded in 1996

Phone:

800-645-4224

Fax:

631-739-2124

Key Executives for Sentry Technology Corp.

Sentry Technology Corp. does not have any Key Executives recorded.

Sentry Technology Corp. Key Developments

Sentry Technology Corp. Announces Unaudited Consolidated Earnings Results for First Quarter Ended June 30, 2014

Sentry Technology Corp. announced unaudited consolidated earnings results for first quarter ended June 30, 2014. For the quarter, the company reported revenues of $1,207,000, loss from operations of $179,000, loss before income taxes and non-controlling interest of $275,000, net loss of $298,000, adjusted LBITDA of $162,000 compared to the revenues of $1,355,000, loss from operations of $214,000, loss before income taxes and non-controlling interest of $308,000, net loss of $319,000, adjusted LBITDA of $192,000 for the same quarter a year ago.

Sentry Technology Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Sentry Technology Corp. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. Revenue for the quarter ended December 31, 2013 was $1,647,000 compared to $1,988,000 reported in 2012. EBITDA for the fourth quarter was a positive $13,000 in 2013 compared to a negative EBITDA of $199,000 in the fourth quarter of 2012. Loss from operations was $8,000 against $123,000 a year ago. Loss before income taxes was $106,000 against $277,000 a year ago. Revenues for the year ended December 31, 2013 were $6,575,000 compared to $7,171,000 reported in 2012. Net loss on operations was $286,000 in 2013, compared to a net loss of $530,000 in 2012. The net loss for the year was $689,000 or $0.00 per share in 2013, compared to a net income of $1,510,000, or $0.01 per share in 2012. The net income in 2012 was a result of a $2,628,000 extraordinary gain resulting from the purchase of a debenture by the company. Loss from operations was $286,000 against $530,000 a year ago. Loss before income taxes was $680,000 against $1,135,000 a year ago.

Sentry Technology Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Sentry Technology Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenues were $1,806,000 compared to revenues of $1,925,000 reported in the third quarter of the prior year. The loss from operations was $11,000 compared to a gain of $72,000 in the third quarter of 2012. The net loss was $108,000 compared to a net loss of $76,000 in the third quarter of 2012. Loss before income taxes and non-controlling interest was $113,000 compared to $82,000 a year ago. For the nine months, the company reported revenues were $4,928,000 compared to revenues of $5,183,000 reported a year ago. The loss from operations was $278,000 compared to $407,000 a year ago. The net loss was $556,000 compared to a net loss of $871,000 a year ago. Loss before income taxes and non-controlling interest was $574,000 compared to $858,000 a year ago.

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