Koss Corp (KOSS) Reports Q4 EPS of $0.05

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Koss Corporation Returns to Profitability

August 20, 2015 5:15 PM EDT

MILWAUKEE, WI -- (Marketwired) -- 08/20/15 -- Koss Corporation (NASDAQ: KOSS), the U.S. based high-fidelity headphone company, has reported its fourth quarter results for the quarter ended June 30, 2015.

Sales for the fourth quarter were $5,718,865 compared to $6,191,955 for the same three month period one year ago, a 7.6% decrease. The three month net income was $354,808, compared to a net loss of $2,154,994 for the fourth quarter last year. Diluted income per common share for the quarter was $0.05 compared with diluted loss per common share of $0.29 for the same three month period one year... More