Koss Corp (KOSS) Reports Q3 EPS of $0.01

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Koss Third Quarter Net Sales Jump 39%

May 7, 2015 5:15 PM EDT

MILWAUKEE, WI -- (Marketwired) -- 05/07/15 -- Koss Corporation (NASDAQ: KOSS), the U.S. based high-fidelity headphone company, has reported its third quarter results for the quarter ended March 31, 2015.

Sales for the third quarter were $6,001,556 compared to $4,300,373 for the same three month period one year ago, a 39.6% increase. The three month net income was $57,218, compared to a net loss of $25,121 for the third quarter last year. Diluted income per common share for the quarter was $0.01 compared with diluted loss per common share of $0.00 for the same three month period one year ago.

"We... More