AVX Corp. (AVX) Tops Q1 EPS by 1c, Revenues Beat
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AVX Corporation Announces Preliminary First Quarter Results
July 25, 2018 8:30 AM EDTFOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the first quarter ended June 30, 2018.
Chief Executive Officer and President, John Sarvis, stated, We completed the first quarter of our fiscal year with net sales of $454.1 million, reflecting an increase over both the previous quarter and the same quarter in the prior year. Overall orders in the industry remained strong, reflecting a continuing robust demand for our passive components, antennas, sensors and interconnect solutions. Our gross profit of $108.3 million, or 23.9 percent, reflects solid operating... More
