VOXX Int'l (VOXX) Tops Q4 EPS by 5c

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Go back to VOXX Int'l (VOXX) Tops Q4 EPS by 5c

VOXX International Corporation Reports Its Fiscal 2016 Fourth Quarter And Year-End Financial Results

May 16, 2016 4:39 PM EDT

HAUPPAUGE, N.Y., May 16, 2016 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced financial results for its Fiscal 2016 fourth quarter and year-ended February 29, 2016. 

Pat Lavelle, President and CEO of VOXX International, commented, "Our top-line results in the fourth quarter came in mostly as anticipated, with the majority of product categories performing as planned. Excluding the Euro impact, our net sales were up approximately 2.4%.  Our expenses were up with the inclusion of EyeLock, though when factoring out EyeLock and related expenses, as well as the non-cash impairment charges, our core overhead... More