July 25, 2014 3:11 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Sentry Technology Corp.

Company Overview

Sentry Technology Corporation, together with its subsidiaries, engages in the design, manufacture, sale, and installation of closed circuit television (CCTV) solutions, and electro-magnetic (EM) and radio frequency identification (RFID) based library security and selfservice systems. It provides SentryVision SmartTrack, a traveling camera system used in big box retail stores, public transportation, distribution centers, cross dock facilities, and courier sorting centers; and HIPcc TV to manage operations, security, and safety in businesses. The company also offers security and information solutions to school, public, and academic libraries, which comprise RFID systems, self-check systems, se...

1881 Lakeland Avenue

Ronkonkoma, NY 11779

United States

Founded in 1996

Phone:

631-739-2000

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. 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.

Sentry Technology Corp. Reports Unaudited Consolidated Financial Results for the S Second Quarter and Six Months Ended June 30, 2013

Sentry Technology Corp. reported unaudited consolidated financial results for the s second quarter and six months ended June 30, 2013. Revenues for the second quarter of 2013 were $1,767,000 compared to revenues of $1,661,000 reported in the second quarter of the prior year. The loss from operations was $53,000 compared to a loss of $178,000 in the second quarter of 2012. The net loss was $129,000, or $0.00 per share, as compared to a net loss of $362,000, or $0.00 per share, in the second quarter of 2012. Loss before income taxes and non-controlling interest was $153,000 compared to $327,000 reported in the second quarter of the prior year. For the first six months ended June 30, 2013, revenues were $3,122,000 compared to revenues of $3,258,000 reported in the first six months of the prior year. Sentry had a net loss of $448,000, or $0.00 per share, compared to a net loss of $795,000, or $0.00 per share, in the first half of 2012. Loss before income taxes and non-controlling interest was $461,000 compared to $776,000 reported in the first six months of the prior year. Loss from operations was $267,000 compared to $476,000 reported in the first six months of the prior year.

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