AVX Corp. (AVX) Tops Q3 EPS by 9c, Revenues Miss

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AVX Corporation Announces Preliminary Third Quarter Results

January 24, 2019 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, 2018.

Chief Executive Officer and President, John Sarvis, stated, We completed the third quarter of our fiscal year with net sales of $442.4 million, reflecting a 3.1 percent decrease over the previous quarter and a 2.5 percent increase over the same quarter in the prior year reflective of the typical holiday seasonality, which primarily influenced the U.S. and European markets as customers closed production facilities. Current market conditions are being impacted by a... More