Koss Corp (KOSS) Reports Q3 Loss of $0.06/sh

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Koss Corp. Releases Third Quarter Results

May 12, 2021 5:15 PM EDT

MILWAUKEE, May 12, 2021 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ SYMBOL: KOSS), the U.S. based high-fidelity headphone company, has reported its third quarter results for the quarter ended March 31, 2021.

Sales for the third quarter were $3,987,452, which is a 16.7% decrease from sales of $4,789,441 for the same three month period one year ago. The three month net loss was $474,168, compared to a net loss of $97,373 for the third quarter last year. Diluted and basic loss per common share for the quarter was $0.06 compared to a loss per common share of $0.01 for the same three... More