Communications Systems, Inc. announced that following CSI shareholder approval and satisfaction of other customary conditions, it completed the sale of the Transition Networks and Net2Edge businesses, which comprised substantially all of the assets of the Company's Electronics & Software Segment, to Lantronix, Inc. In connection with the sale of the Electronics & Software Segment to Lantronix, effective immediately, Anita Kumar stepped down as CSI's Chief Executive Officer and resigned as a CSI director and has joined Lantronix. Roger Lacey, the Executive Chairman of the CSI Board of Directors, also effective immediately, assumed the additional role of Interim Chief Executive Officer until the closing of the CSI-Pineapple merger transaction is completed.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.19 USD | -8.46% |
|
-33.05% | -86.60% |
06-12 | Pineapple Energy Unit Completes 2 Renewable Energy Projects for Shinnecock Nation | MT |
06-10 | Pineapple Energy to Implement 1-for-15 Reverse Stock Split | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-86.60% | 9.41M | |
+19.05% | 150B | |
+10.78% | 86B | |
+0.76% | 81.6B | |
+3.87% | 79B | |
-6.11% | 68.84B | |
+81.38% | 67.74B | |
0.00% | 46.64B | |
+8.04% | 46.39B | |
+5.21% | 42.27B |
- Stock Market
- Equities
- PEGY Stock
- News Pineapple Energy Inc.
- Communications Systems, Inc. Announces CEO Changes