BNET Industries
LOUD Technologies Inc. (LTEC) is in the Technology Industry
- Revenue
- Dec 31 2007
- $208.2M
- Profit
- Dec 31 2007
- ($12.5M)
- Market Cap
- Sep 02 2008
- $19.4M
Latest News and Analysis
Loud Technologies Chairman and CEO Jamie Engen to Step Down; Rodney Olson Named as Engen's Successor
WOODINVILLE, Wash., Aug. 15 /PRNewswire-FirstCall/ -- The board of directors of Loud Technologies, , a leading professional audio and music products company, today announced that Jamie Engen is stepping down from his position as chairman and chief executive officer effective immediately. The board has named Rodney Olson as...
LOUD Technologies Announces Appointment of New Chief Operating Officer
WOODINVILLE, Wash. -- LOUD Technologies Inc. LOUD (NASDAQ:LTEC), a leading professional audio and music products company, announced on July 25, 2008, the appointment of James Stewart as its Chief Operating Officer. Mr. Stewart will be responsible for the core operations of the company including Information Technologies, Technical Support,...
Sales decline causes third-quarter loss: Loud Technologies.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)(Financial report)
SALES AT LOUD TECHNOLOGIES, the parent company of Mackie Designs, EAW, and the former St. Louis Music Corp., declined .7% to $53.1 million for the three-month period ended September 30, compared with $53.4 million for the same period a year ago. The sales decline was partially ...
'Cool' new surface for Australian Open
MELBOURNE AFP — The Australian Open will introduce a new rubberised tennis surface next year that offers more consistent bounce and cooler court temperatures, organisers said Wednesday. Tournament director Craig Tiley said the new Plexicushion surface had already proved a hit with Lleyton Hewitt, Australia's top-ranked player and...
Soft fourth quarter sales crimp net profit at LOUD Technologies.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)(Financial report)
LOUD TECHNOLOGIES INC. reported net income of $600,000 for 2006 on sales of $215 million. A year earlier the company earned $930,000 on sales of $204.3 million. Operations at the parent company of Mackie Designs, EAW, Tapco, Crate, Ampeg, Alvarez, and Knilling were adversely affected by...
Loud Technologies to acquire Martin Audio.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)
LOUD TECHNOLOGIES INC. has entered into an agreement to purchase all of the outstanding capital stock of Martin Audio Limited of the UK. For between $33 and $35 million, depending on a financial formula to be calculated at the time of closing. Closing is expected to occur...
Industry veterans form sales & marketing firm: Audio Agent.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)
INDUSTRY VETERANS David Christenson, Erik Hanson, John Hart, Jeremy Stappard, and Justin Marx have formed Audio Agent LLC, an integrated sales and marketing agency with capabilities extending far beyond traditional distributors. The company is headquartered near Seattle, Washington, with offices in Los Angeles and New York,...
LOUD Technologies Reports 2006 Results
WOODINVILLE, Wash. -- LOUD Technologies Inc. LOUD (NASDAQ:LTEC) today announced net income for 2006 was $0.6 million, or $0.13 per diluted share on sales of $215.0 million. "We did not fully achieve our financial objectives for 2006," said Chairman and CEO Jamie Engen. "However, we...
LOUD Technologies Announces Acquisition of Martin Audio
WOODINVILLE, Wash. -- It was announced today that LOUD Technologies Inc. (NASDAQ:LTEC) of the USA has entered into an agreement to purchase all of the outstanding capital stock of Martin Audio Limited of the UK. The purchase price for this acquisition will be estimated on the closing...
Sager heads EAW's North American sales: Loud Technologies.(PEOPLE: MOVERS AND SHAKERS)
JON SAGER, A pro audio industry veteran, has been named vice-president of sales for North America at EAW, a division of Loud Technologies, Inc. In this newly created position he will solely on leading EAW sales in the U.S. and Canada and direct EAW's team of ...
Music & sound fly fishing tour.(PEOPLE)
THE INDUSTRY'S SERIOUS anglers convened at Salmon Lake Lodge in Seely Lake, Montana, for the 12th running of the Music & Sound Fly Fishing Tour. Front row (l-r): Stuart Spector, Spector Guitars; Dave Phillips, Dave Phillips Music & Sound; Hyman Peller, Raxxess Systems; Don Kelsey, formerly...
Publicly traded industry firms.(INDUSTRY FOREFRONT)
PUBLICLY TRADED INDUSTRY FIRMS PRICE AS OF ...
Industry vets expand sales management team.(Loud Technologies)
LOUD TECHNOLOGIES HAS appointed three industry veterans to key domestic sales positions. Alex Nelson joins the company as vice-president, key accounts; Dan Gallagher joins as vice-president, national accounts; and Scott Schumer joins as vice-president, independent dealers. Nelson will head up the Guitar Center and Musicians ...
The Simpsons line expanded.(St. Louis Music Accessories)
St. Louis Music accessories, a division of Loud Technologies, has added to its exclusive line of The Simpsons Musical Accessories. This line of products is produced by Grover Allman, Australian manufacturer and the worldwide distributor of all music-related Simpsons products. St. Louis Music is the sole...
LOUD Technologies Reports Third Quarter Results
WOODINVILLE, Wash. -- LOUD Technologies Inc. LOUD (NASDAQ:LTEC) today announced results of operations for the three and nine month periods ended September 30, 2006, highlighted by net income of $1.4 million, or $0.29 per diluted common share, for the third quarter, compared with $0.08 per diluted common...
Sales force restructuring increases loud net profit: Loud Technologies.(INDUSTRY FOREFRONT)
LOUD TECHNOLOGIES INC. reported net income of $0.3 million for the second quarter ended June 30, 2006. Revenue for the period decreased $0.8 million to $53.5 million from $54.3 million for the second quarter of 2005. Gross profit increased by $2.2 million to $17.8...
Morgan named accessories VP: Guitar Center.(RETAILER UPDATE)
STAN MORGAN HAS been named vice-president for accessories merchandising at Guitar Center. He will will be responsible for the merchandising of accessory products in Guitar Center locations across the U.S. He reports to Jay Wanamaker, executive vice-president and general merchandise manager. Morgan has...
Stocks to Watch - TMHN, CCBEF, LTEC, SAFC.
M2 PRESSWIRE-11 August 2006-SmallCapReview: Stocks to Watch - TMHN, CCBEF, LTEC, SAFCC1994-2006 M2 COMMUNICATIONS LTD RDATE:11082006 SmallCapReview Stocks to Watch for today include - Tam of Henderson (OTCBB: TMHN), Clearly Canadian beverage (OTCBB: CCBEF), LOUD Technologies (Nasdaq: LTEC), Safeco (Nasdaq: SAFC)...
LOUD Technologies Reports Second Quarter Results
WOODINVILLE, Wash. -- LOUD Technologies Inc. LOUD (NASDAQ:LTEC) today announced results of operations for the three and six month periods ended June 30, 2006, highlighted by net income of $0.3 million for the second quarter. Diluted earnings per share on the second quarter 2006 net income was...
INDUSTRY NEWS.
Mojave Audio (Burbank, CA) promoted Dusty Wakeman to president; Wakeman recently spent his pro audio days with Mad Dog Studios...Filling the newly created post of music director, Los Angeles, is Shauna Krikorian at 615 Music...Previously employed as mixer at AudioBanks, Dona Richardson joins UNION Editorial (Santa...
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- Incorporated: 1988
- CEO: Mr. Rodney E. Olson
- Employees: 533
LOUD Technologies is a professional audio and music products companies. As the corporate parent for the brands Alvarez®, Ampeg®, Crate®, EAW®, Knilling®, Mackie®, SIA® and TAPCO®, Co. engineers, manufactures, markets and distributes a wide range of professional audio and musical instrument products worldwide. Additionally, Co. is a distributor of branded professional audio and music accessories through its St. Louis Music catalog. Co.'s product lines include sound reinforcement speakers, analog mixers, guitar and bass amplifiers, professional loudspeaker systems, and branded musical instruments.
Key Competitors
LOUD Technologies Inc. Company Info
Board of Directors
Mr. Rodney E. Olson
Chairman
Mr. Clarence E. Terry
Mr. Mark E. Kuchenrither
Mr. T. Scott King
Mr. Kevin J. Calhoun
Mr. Jason H. Neimark CPA
Mr. Jon W. Gacek
Mr. R. Lynn Skillen
Mr. C. Daryl Hollis
Mr. George R. Rea
Contact Information
16220 Wood-Red Road, N.E.
Woodinville, WA
425 487-4333
