VOXX Int'l (NASDAQ: VOXX) reported Q3 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $223.4 million versus the consensus estimate of $241.8 million.

VOXX Int'l sees FY2015 revenue of $760-700 million, versus the consensus of $799.89 million.

Pat Lavelle, President and CEO stated, "We saw significant gross margin improvements across all of our business segments, and lowered planned spending further, resulting in operating income that matched last year's third quarter, despite lower sales. There were some short-term factors that impacted sales, such as OEM programs and new product launches that were delayed. Holiday retail sales also came in better than anticipated but we had taken a cautious approach in our buying programs, and is one of the elements that will curtail top-line results in the Fiscal fourth quarter. We anticipate FY15 sales to be approximately $760-$770 million, but with gross margins tracking closer to 30% and operating expenses lower than anticipated. We are receiving positive responses to the products we debuted at CES and the ones that will be coming to market shortly, and remain optimistic, especially with new OEM programs on the horizon and the anticipated contributions from new products such as 360fly, myris, our Reference Series and Jamo Concert Series, new 808 Audio products, and more. Our balance sheet remains strong and we are getting ready for some exciting programs in 2015 that should drive organic growth and improved profitability over the coming year."

For earnings history and earnings-related data on VOXX Int'l (VOXX) click here.