This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Insignia Systems, Inc. Announces 2013 Fourth Quarter And Full Year Financial Results

Stocks in this article: ISIG

Insignia Systems, Inc. (Nasdaq: ISIG) (“Insignia” or “the Company”) today reported financial results for the fourth quarter (“Q4”) and full year ended December 31, 2013, as compared to the fourth quarter and full year ended December 31, 2012.

Insignia’s President and CEO Glen Dall commented, “We delivered a strong 2013, finishing the year with our sixth consecutive quarter of profitable results following the initiation of our Insignia 2.0 turnaround efforts. We have continued to invest in our sales and marketing infrastructure to help create a foundation for continuing progress in 2014.

“We remain focused on growing our core POPS business by leveraging our unique market position, network of retailers, and available capacity. We also expect to capitalize on our strong financial position and cash flow generating abilities to invest in programs that can expand our overall operations, including developing new product offerings and advancing our digital marketing initiatives to reach new customers.

“We continue to manage the business for long-term growth and profitability, and believe that we are well-positioned to achieve these objectives. Consistent with this philosophy, we are going to begin reporting total bookings for the year as opposed to the next quarter’s bookings. As of February 26, 2014, we have bookings of approximately $14.5 million set to run at various points in 2014, which is approximately 11% ahead of what we had sold at this same point one year ago. Of the $14.5 million in 2014 programs, approximately $6.0 million of those are set to run in the first quarter, which is down approximately 13% from first quarter bookings at this point a year ago. Recognizing that our POPS revenue can fluctuate on a quarterly basis, in future releases, we will not reference the next quarter’s bookings amount.”

Q4 2013 Results

Q4 2013 total net sales rose 29.6% to $6.9 million from $5.3 million in Q4 2012. Higher total net sales were primarily attributable to a 31.2% rise in POPS revenue to $6.5 million from $4.9 million in Q4 2012, mainly the result of volume increases. Products revenue rose 8.8% to $420,000 in Q4 2013 from $386,000 in Q4 2012.

1 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs