AVX Corp. (AVX) Tops Q2 EPS by 1c

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AVX Corporation Announces Preliminary Second Quarter Results

October 25, 2017 8:30 AM EDT

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

Chief Executive Officer and President, John Sarvis, stated, We completed the second quarter of our fiscal year with net sales of $352.7 million, reflecting an increase over both the previous quarter and the same quarter in the prior year. Our gross profit of $77.3 million, or 21.9 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... More