Cobra Founder Carl Korn Dies, 92

Cobra Founder Carl Korn Dies, 92

By TWICE Staff On Apr 11 2014 - 3:31pm




Chicago — Carl Korn, Cobra founder and former chairman, died yesterday at the age of 92.

A statement from Cobra CEO and chairman Jim Bazet said funeral services will be held on Sunday, April 13, at Chicago Jewish Funerals at 8551 Skokie Blvd. in Skokie, Ill. The burial will immediately follow at Shalom Memorial Park in Arlington Heights, Ill.

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Cobra Expands Dash Cam Lineup

Cobra Expands Dash Cam Lineup

By Joseph Palenchar On Apr 11 2014 - 8:22am

Cobra CDR900 dash cam
Cobra’s $249-suggested CDR900 dash cam features 1080p video capture, G-Sensor to automatically save a video when an impact has been detected, and GPS to embed location information in videos.


Chicago — Cobra will expand its selection of dash cams in May with the shipment of a trio of models priced from a suggested $119 to $249.

The company launched its first two models last year at a suggested $99 and $149.

The new models record in 1080p and feature G-Sensor to automatically save a video when an impact has been detected. A motion sensor triggers video recording when motion is detected.

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Cobra Reports Higher Profits In 3rd Quarter

Cobra Reports Higher Profits In 3rd Quarter

By Steve Smith On Feb 19 2014 - 5:01pm

Cobra chairman/CEO Jim Bazet
Cobra chairman/CEO Jim Bazet


Chicago - Cobra Electronics reported higher net and operating income in the fourth quarter of 2013.

Net income was $1.9 million for the fourth quarter, compared with net income of $1.4 million in the prior year.

Operating income for the quarter was $1.8 million for the current quarter, compared with operating income of $1.4 million in the same quarter last year. These results reflected a decrease in selling, general and administrative  expense that was partially offset by slightly lower net sales and gross margin, Cobra said.

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Cobra Reports Higher Q3 Sales; Net Income Off Slightly

Cobra Reports Higher Q3 Sales; Net Income Off Slightly

TWICE Staff On Nov 8 2013 - 1:12pm

Jim Bazet
Jim Bazet


Chicago – Cobra Electronics reported higher sales, but slightly lower net income for the third quarter, ended Sept. 30.

Net income was $394,000 as compared to net income of $564,000 for the third quarter of 2012. In addition, there was operating income of $124,000 for the current quarter compared to operating income of $304,000 in the same quarter last year.

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Cobra Updates iRadar App

Cobra Updates iRadar App

By Lisa Johnston On Nov 6 2013 - 4:43pm




Chicago — Cobra Electronics has updated its iRadar alert-sharing app, now in its fourth year of existence. 

Version 4.0 of the iRadar app brings enhancements to the mapping features, including a new rotating map and an automatic zoom feature. Drivers will be able to see alert locations well before getting to them, the company said, and they can now rotate, tilt and pan the map freely to view at any angle.

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Cobra Ships Its Smallest Detectors

Cobra Ships Its Smallest Detectors

TWICE Staff On Oct 22 2013 - 11:46am

The SPX 7800BT has a $259 suggested retail.
The SPX 7800BT has a $259 suggested retail.


Chicago — Cobra Electronics has begun shipping its smallest radar detectors, the updated SPX line.

The line consists of three models. The flagship SPX 7800BT makes use of the company’s iRadar alert-sharing community, and also features Aura speed and red-light camera notifications, verified user-reported alerts of upcoming live police locations, and other real-time traffic threat information via a paired smartphone.

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Cobra Q2 Sales, Income Drop

Cobra Q2 Sales, Income Drop

By Doug Olenick On Jul 26 2013 - 9:49am




Chicago – Cobra Electronics blamed the continued poor worldwide economic performance along with legal expenses for its $1.9 million drop in income on sales of $25.6 million for the second quarter, ended June 30.

The $1.9 million income fall off was down from the $902,000 in net income generated during the same period last year and consolidated sales were down about $3.5 million from 2012.

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Cobra Posts Loss, Sales Drop

Cobra Posts Loss, Sales Drop

Doug Olenick On Apr 26 2013 - 9:27am




Chicago — Cobra Electronics cited lower store traffic and higher-than-expected legal expenses for its lower sales and loss for the company’s first quarter.

For the quarter, ended March 31, Cobra posted net loss of $1.5 million on sales of $21.6 million. This is down from the $339,000 profit on sales of $26.4 million generated during the same period last year.

The legal expenses were related to patent legal claims, the company said.

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Cobra Reports Lower Income, Sales In Q4

Cobra Reports Lower Income, Sales In Q4

By Steve Smith On Feb 20 2013 - 2:40pm

Cobra


Chicago - Cobra Electronics reported lower income and slightly lower sales in the fourth quarter ended Dec. 31, 2012.

Net income was $1.4 million in the quarter down $600,000 from the prior year’s final quarter and operating income was also $1.4 million, down from the prior year’s $2.3 million.

Net sales were $35.7 million, down from the prior fourth quarter’s $37.5 million and a gross margin of 28.8 percent compared to 31.4 percent in the prior year period.

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Cobra Names Washlow President

Cobra Names Washlow President

TWICE Staff On Jan 9 2013 - 8:01pm




Chicago — Cobra Electronics announced it has promoted Sally Washlow to president, effective immediately.

In her expanded role, she will lead the company's sales, marketing and product development disciplines, and will guide Cobra's strategic international expansion, the company said in a statement. Washlow will report to chairman and CEO Jim Bazet.

Washlow was previously marketing and sales senior VP. She joined Cobra in 2002.

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