Article: Tii Network Technologies Reports Third Quarter 2009 Results.

EDGEWOOD, N.Y., Nov. 9 /PRNewswire-FirstCall/ -- Tii Network Technologies, Inc. , a leader in designing, manufacturing and marketing network products for the communications industry, today reported results of operations for the three and nine months ended September 30, 2009.

Net sales for the three months ended September 30, 2009 were $7,460,000 compared to $8,521,000 in the comparable prior year period, a decrease of $1,061,000 or 12.5%. Net sales for the nine months ended September 30, 2009 were $19,703,000 compared to $27,248,000 in the comparable prior year period, a decrease of $7,545,000 or 27.7%. The decrease in the 2009 periods was primarily due to the ...

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