VOXX International Corporation Reports Its Fiscal 2021 Second Quarter Financial Results
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VOXX Int'l (VOXX) Reports Q2 EPS of $0.30, Revenues Beat
October 13, 2020 4:05 PM EDTVOXX Int'l (NASDAQ: VOXX) reported Q2 EPS of $0.30, versus ($0.24) reported last year. Revenue for the quarter came in at $128 million versus the consensus estimate of $107 million.
Fiscal 2021 and Fiscal 2020 Second Quarter Financial Comparisons
Net sales in the Fiscal 2021 second quarter ended August 31, 2020 were $128.0 million, an increase of $37.8 million or 41.9%, as compared to $90.2 million in the Fiscal 2020 second quarter ended August 31, 2019.
Consumer Electronics segment net sales were $95.0 million as compared to $63.0 million, an increase of $32.0 million or 50.7%. Premium Audio product sales of $69.3 million increased by $31.2 million or 81.8%, as compared to $38.1 million,... More