Koss Corporation (KOSS) Reports Q4 EPS of $0.16
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- Koss Corporation (KOSS) Reports Q4 EPS of $0.16
Koss Corporation (NASDAQ: KOSS) reports Q4 EPS of $0.16 compared to $0.34 for the same period last year. Sales for the fourth quarter dropped by 32% to $8,264,591 compared to $12,202,642 for the same period one year ago.
"Our Company has passed through the most challenging eight month period in 25 years and managed to post a profit," Michael J. Koss, President and CEO, told employees here today. "The additional good news is the fact that the Company did not curtail its product development, engineering, and marketing efforts despite the reduction in sales that threatened our profitability."
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