AVX Corp. (AVX) Tops Q4 EPS by 2c

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Go back to AVX Corp. (AVX) Tops Q4 EPS by 2c

AVX Corporation Announces Preliminary Fourth Quarter and Fiscal Year Results

April 26, 2016 8:30 AM EDT

FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the fourth quarter and fiscal year ended March 31, 2016.

Chief Executive Officer and President, John Sarvis, stated, We completed the fourth quarter of our fiscal year with net sales of $303.6 million and gross profit of $74.1 million, or 24.4%, reflecting solid operating performance in a marginally improving global economy. These results continue to reflect our focus on value added products for our customers. We continue to be optimistic in this challenging market. This optimism was bolstered by a... More