VOXX Int'l (VOXX) Reports Q4 EPS of $0.11

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VOXX International Corporation Reports its Fiscal 2022 Fourth Quarter and Year-End Financial Results

May 16, 2022 4:30 PM EDT

Fiscal 2022 Highlights

Total net sales of $635.9 million, a year-over-year increase of 12.8%.All business segments reported year-over-year growth with Automotive Electronics up 22.4%, Consumer Electronics up 9.0% and Biometrics up 5.5%.Onkyo Home Entertainment acquisition completed in Q3 of Fiscal 2022; joint venture with Sharp Corporation formed; licensing and distribution agreement with Pioneer Corporation established.New, multi-year OEM awards received across multiple product categories.

Fiscal 2023 Updates

New OEM programs with Ford awarded for rear-seat entertainment systems, bringing total estimated value of Ford awards... More