AVX Corp. (AVX) Tops Q3 EPS by 1c

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Go back to AVX Corp. (AVX) Tops Q3 EPS by 1c

AVX Corporation Announces Preliminary Third Quarter Results

January 24, 2017 8:30 AM EST

FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the third quarter ended December 31, 2016.

Chief Executive Officer and President, John Sarvis, stated, We completed the third quarter of our fiscal year with net sales of $340.8 million reflecting a 4.1 percent increase over the previous quarter and an 18.7 percent increase over the same quarter in the prior year. Our results continue to reflect solid operating results with a gross profit of 23.3 percent reflective of our focus on value added products for our customers and our... More