AVX Corp. (AVX) Tops Q2 EPS by 10c

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Go back to AVX Corp. (AVX) Tops Q2 EPS by 10c

AVX Corporation Announces Preliminary Second Quarter Results

October 24, 2018 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, 2018.

Chief Executive Officer and President, John Sarvis, stated, We completed the second quarter of our fiscal year with net sales of $456.3 million, reflecting an increase over both the previous quarter and the same quarter in the prior year. Market conditions continued to be strong, resulting in healthy product demand in most of the markets we serve. Our gross profit of $126.5 million, or 27.7 percent, reflects solid operating performance, positively influenced by our... More