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

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Go back to AVX Corp. (AVX) Reports In-Line Q1 EPS

AVX Corporation Announces Preliminary First Quarter Results

July 26, 2017 8:30 AM EDT

FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the first quarter ended June 30, 2017.

Chief Executive Officer and President, John Sarvis, stated, We completed the first quarter of our fiscal year with net sales of $331.4 million reflecting an increase over both the previous quarter and the same quarter in the prior year. Our gross profit of $73.8 million, or 22.3 percent, reflects solid operating performance. These results are reflective of new design wins along with increased demand from our customers for value-added components and interconnect devices. Our... More