VOXX International Corporation Reports its Fiscal 2016 Second Quarter and Six-Month Financial Results

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Cowen Cuts Price Target on VOXX Int'l (VOXX) to $6 Following 3Q15 Earnings Results

October 14, 2015 1:10 PM EDT

Cowen maintained a Market Perform in VOXX International (NASDAQ: VOXX), and cut the price target to $6.00 (from $8.00), following the company's 3Q15 earnings results. EPS was reportedly in-line with the Street's estimates. Automotive declined $8.6MM (-9.3%) to $84.3MM, almost entirely due to FX.... More

VOXX Int'l (VOXX) Misses Q2 EPS by 26c

October 13, 2015 4:18 PM EDT

VOXX Int'l (NASDAQ: VOXX) reported Q2 EPS of ($0.18), $0.26 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $154.2 million versus the consensus estimate of $159.54 million.

Pat Lavelle, President and CEO continued, "Our sales came in approximately $5 million below our forecast of $158-$160 million and our gross... More