AVX Corp. (AVX) Reports In-Line Q1 EPS

AVX Corporation Announces Preliminary First Quarter Results

FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the first quarter ended June 30, 2016.

Chief Executive Officer and President, John Sarvis, stated, We completed the first quarter of our fiscal year with net sales of $314.8 million reflecting an increase over both the previous quarter and the same quarter in the prior year. Our gross profit of $69.9 million, or 22.2%, reflects solid operating performance in an uncertain global economy, but was negatively impacted by intellectual property related costs and recent strengthening of the Japanese yen. These... More

AVX Adds a Locking Plug to Its Single Two-Piece Contact Series for Board-to-Board Applications

FOUNTAIN INN, SC -- (Marketwired) -- 07/25/16 -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has added a locking plug to its low-profile 70-9159 Series single two-piece contacts for high current, coplanar PCB mating applications, which deliver the industry's smallest profile capable of supporting a full 5A. The latest addition to AVX's revolutionary, robust, and cost-effective portfolio of STRIPT insulator-less single contact solutions, the new 70-9159 Series locking plug contact features a positive latching mechanism that effectively replaces costly thermal adhesives, unreliable hand soldering, and large, light-blocking connectors in low-cost linear LED lighting, and a variety of... More