Communications Systems, Inc. is now Pineapple Energy (Nasdaq: PEGY)

On March 25, 2022, CSI Received Shareholder Approval to Merge with Pineapple Energy and Completed the Merger on March 28, 2022. CSI changed is name to Pineapple Holdings, Inc. and changed it’s Nasdaq ticker to PEGY and will operate as Pineapple Energy.
Communications Systems, Inc. is now Pineapple Energy (Nasdaq: PEGY)
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Communications Systems, Inc. Announces $25.0 Million Equity Financing to Close Concurrently with CSI–Pineapple Merger and Fund Growth Initiatives Offering Includes Additional $25.0 Million in Investor Warrants

Posted on June 28th, 2021 | Comments Off on Communications Systems, Inc. Announces $25.0 Million Equity Financing to Close Concurrently with CSI–Pineapple Merger and Fund Growth Initiatives Offering Includes Additional $25.0 Million in Investor Warrants

  OFFERING INCLUDES ADDITIONAL $25.0 MILLION IN INVESTOR WARRANTS   Minnetonka, Minnesota – June 28, 2021 — Communications Systems, Inc. (Nasdaq: JCS) (“CSI” or the “Company”) announced today that it… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

Posted on May 7th, 2021 | Comments Off on COMMUNICATIONS SYSTEMS, INC. REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

Reporting strong growth and margin improvement Minnetonka, MN – May 7, 2021 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), which has operated as a global IoT intelligent… Read more »

Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million paid at Closing plus up to an Additional $7.0 Million in Earnout Payments

Posted on April 29th, 2021 | Comments Off on Communications Systems to Sell its Transition Networks and Net2Edge Businesses for $25.0 Million paid at Closing plus up to an Additional $7.0 Million in Earnout Payments

Following closing, CSI intends to distribute $3.50 cash per share or approximately $35 million to its shareholders from the net sale proceeds and other available cash Minnetonka, MN – April… Read more »

Communications Systems, Inc. Reports 2020 Fourth Quarter and Year-End Financial Results

Posted on March 30th, 2021 | Comments Off on Communications Systems, Inc. Reports 2020 Fourth Quarter and Year-End Financial Results

Minnetonka, MN – March 30, 2021 – Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced financial results for the… Read more »

Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC

Posted on March 2nd, 2021 | Comments Off on Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC

—CSI to Refocus on Residential Solar and Battery Storage Market— —Concurrently to Acquire Hawaii Energy Connection and E-GEAR— —Intends to Build a Leading National Residential Solar Energy Service Provider— —CSI… Read more »

Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer

Posted on December 1st, 2020 | Comments Off on Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer

Minnetonka, MN – December 1, 2020 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it has appointed… Read more »

Communications Systems, Inc. Acquires IVDesk’s Operating Assets

Posted on November 5th, 2020 | Comments Off on Communications Systems, Inc. Acquires IVDesk’s Operating Assets

Acquisition is immediately accretive and provides predictable, recurring DaaS revenue Minnetonka, MN – November 4, 2020 — Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge… Read more »

Communications Systems, Inc., Launches “Software-as-a-Service” Private LTE Offering

Posted on November 2nd, 2020 | Comments Off on Communications Systems, Inc., Launches “Software-as-a-Service” Private LTE Offering

New business model is focused on making higher margin, recurring and highly predictable services an increasing proportion of future revenue MINNEAPOLIS, Minn.—November 2, 2020— Communications Systems, Inc. (NASDAQ: JCS) (“CSI”… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS THIRD QUARTER 2020 FINANCIAL RESULTS

Posted on October 30th, 2020 | Comments Off on COMMUNICATIONS SYSTEMS, INC. REPORTS THIRD QUARTER 2020 FINANCIAL RESULTS

Third quarter 2020 results substantially improved from second quarter 2020 although still impacted by the COVID-19 pandemic; Company reports consolidated third quarter 2020 sales from continuing operations of $12.1 million,… Read more »

COMMUNICATIONS SYSTEMS, INC. REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS – *Revised*

Posted on August 13th, 2020 | Comments Off on COMMUNICATIONS SYSTEMS, INC. REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS – *Revised*

New reporting segments reflect focus on intelligent edge solutions for the global IoT ecosystem and services business; after the Ecessa acquisition, the Company is seeking new acquisition opportunities in adjacent… Read more »