VOXX - Earnings announcements

ORLANDO, Fla., Feb. 7, 2025 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX) ("VOXX" or the "Company"), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, as well as strategic joint ventures including biometrics, today announced that it has filed its Quarterly Report (the "Quarterly Report) on Form 10-Q for the period ended November 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission ("SEC"). VOXX))" alt="VOXX International Corporation Logo (PRNewsfoto/VOXX International Corporation (NASDAQ: VOXX))">

Sales through the first half of Fiscal 2025 declined ~18%, gross margin increased 120 basis points and operating expenses improved by over 15%Company sells its domestic accessory business and select, non-core assets for ~$28 million and completes Florida real estate sale transaction in Fiscal 2025 third quarter for $20 millionRestructuring programs generating anticipated savings, and are expected to have a positive impact on Fiscal 2025 second half resultsOver $50 million in debt reduction since year-end, bringing total debt to under $20 million as of today, with total net debt under $15 millionCompany continues to execute on its restructuring plan and strengthen its balance sheet, while pur

ORLANDO, Fla., Oct. 3, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2025 second quarter and six month results for the period ended August 31, 2024, on Thursday, October 10, 2024, after the market closes. The Company will then be hosting a conference call and webcast to discuss its results and business operations on Friday, October 11, 2024 at 10:00 a.m. Eastern. VOXX))" alt="VOXX International Corporation Logo (PRNewsfoto/VOXX International Corporati

Net sales declined by 18.1%, gross margins improved by 310 basis points, operating expenses declined by 16.6%; Adjusted EBITDA Loss of $2.9 million improved by $2.1 million year-over-year amidst restructuring program to streamline sales, lower costs and working capital needs and return the Company to profitability ORLANDO, Fla., July 10, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2025 first quarter ended May 31, 2024. VOXX))" alt="VOXX Internationa

ORLANDO, Fla., July 3, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2025 first quarter results for the period ended May 31, 2024, on Wednesday, July 10, 2024, after the market closes. The Company will then be hosting a conference call and webcast to discuss its results and business operations on Thursday, July 11, 2024 at 10:00 a.m. Eastern. VOXX))" alt="VOXX International Corporation Logo (PRNewsfoto/VOXX International Corporation (NASDAQ: VOXX))">

ORLANDO, Fla., May 14, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 fourth quarter and year-ended February 29, 2024. Commenting on the Company's results and market outlook, Pat Lavelle, Chief Executive Officer stated, "After two strong years of growth and profits on an Adjusted EBITDA basis, we have experienced losses and as such, are taking steps to realign, both to improve margins and lower expe

ORLANDO, Fla., May 7, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2024 fourth quarter and year-end results for the period ended February 28, 2024, on Tuesday, May 14, 2024, after the market closes. The Company will then be hosting a conference call and webcast to discuss its results and business operations on Wednesday, May 15, 2024 at 10:00 a.m. Eastern. To attend the webcast: https://edge.media-server.com/mmc/p/upj4o2cnTo access by phone: https://register.vevent.com/register/BIdf763076ee234beeb2692a8842b45885Part

ORLANDO, Fla., Jan. 9, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 third quarter ended November 30, 2023. Commenting on the Company's results and business outlook, Pat Lavelle, Chief Executive Officer stated, "For the third quarter comparisons, our gross margins grew by 90 basis points and our operating expenses improved by over 2%, resulting in operating income comparable with the prior year period, despite lower sales. The market remained challenging, especially at retail, and the UAW strike adversely impact

ORLANDO, Fla., Jan. 4, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2024 third quarter results for the period ended November 30, 2023, on Tuesday, January 9, 2024, after the market closes. The Company will be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Wednesday, January 10, 2024 at 10:00 a.m. Eastern. To attend the webcast: https://edge.media-server.com/mmc/p/63gsho99To access by phone: https://register.vevent.com/register/BI1d071c6695bf4c8986ac36ee

ORLANDO, Fla., Oct. 10, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 second quarter ended August 31, 2023. Commenting on the Company's results and business outlook, Pat Lavelle, Chief Executive Officer stated, "We saw modest improvements in our business sequentially and expect to generate year-over-year growth and profitability in the second half of our Fiscal year. The extent of our growth will be very much dependent on the state of the car markets, especially now with the UAW strike, as well as consumer spend

ORLANDO, Fla., Oct. 4, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2024 second quarter results for the period ended August 31, 2023, on Tuesday, October 10, 2023, after the market closes. The Company will be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Wednesday, October 11, 2023 at 10:00 a.m. Eastern. To attend the webcast: https://edge.media-server.com/mmc/p/f9dj99woTo access by phone: https://register.vevent.com/register/BI400776cdea464c6683bf0856

ORLANDO, Fla., July 10, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 first quarter ended May 31, 2023. Commenting on the Company's results and business outlook, Pat Lavelle, Chief Executive Officer stated, "The long-term opportunity for VOXX remains compelling, our market share is strong and we have several new innovations on the horizon. Our primary obstacle near-term is the global economy as it continues to impact consumer spending and our customers. The worldwide retail environment in particular is tough, and

ORLANDO, Fla., June 29, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2024 first quarter results for the period ended May 31, 2023, on Monday, July 10, 2023, after the market closes. The Company will also be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, July 11, 2023 at 10:00 a.m. Eastern. To attend the webcast:  https://edge.media-server.com/mmc/p/muoqnw5iTo access by phone: https://register.vevent.com/register/BIe1dcddbe3a9b4014b2dc0f07e1eb6b9

ORLANDO, Fla., May 15, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 fourth quarter and full year ended February 28, 2023. Commenting on the Company's results and business outlook, Pat Lavelle, Chief Executive Officer stated, "While we had a lot of positive developments and continued to win new business and expand globally, Fiscal 2023 was certainly a challenging year. From inflation, fears of recessions across the globe, the retail environment and ongoing supply chain constraints, we faced a myriad of roadblocks

ORLANDO, Fla., May 8, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2023 fourth quarter results for the period ended February 28, 2023, on Monday, May 15, 2023, after the market closes. The Company will also be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, May 16, 2023 at 10:00 a.m. Eastern. To attend the webcast: https://edge.media-server.com/mmc/p/qn7zhgsaTo access by phone: https://register.vevent.com/register/BI7fba4ed5195f4b03a92fe475cf346a

ORLANDO, Fla., Jan. 9, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 third quarter ended November 30, 2022. Commenting on the Company's results and business outlook, Pat Lavelle, President and Chief Executive Officer stated, "As expected, we were profitable in the third quarter, as the steps we have taken to improve gross margins and reduce expenses had a more positive impact on our business. However, sales and profitability were significantly curtailed by the current state of the global economies and ongoing sup

ORLANDO, Fla., Jan. 3, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2023 third quarter results for the period ended November 30, 2022, on Monday, January 9, 2023, after the market closes. The Company will also be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, January 10, 2023 at 10:00 a.m. Eastern. To attend the webcast: https://edge.media-server.com/mmc/p/tomomefoTo access by phone: https://register.vevent.com/register/BIed4b330a76244d88aa2641c

ORLANDO, Fla., Oct. 11, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 second quarter ended August 31, 2022. Commenting on the Company's results and business outlook, Pat Lavelle, President and Chief Executive Officer stated, "We entered Fiscal 2023 knowing it would be a difficult year given persistent supply chain issues, inflationary pressures and fears of recession globally. We anticipated weakness in our first half based on the availability of chips, our OEM customers' production schedules and lower inventory

ORLANDO, Fla., Oct. 4, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2023 second quarter results for the period ended August 31, 2022, on Tuesday, October 11, 2022, after the market closes. The Company will also be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Wednesday, October 12, 2022 at 10:00 a.m. Eastern. To attend the webcast, participants must register online at https://edge.media-server.com/mmc/p/x8reywz2To access the call by phone, please visit 

ORLANDO, Fla., July 11, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 first quarter ended May 31, 2022. Commenting on the Company's results and business outlook, Pat Lavelle, President and Chief Executive Officer stated, "During the Fiscal 2023 first quarter, we continued to experience supply chain issues though the biggest impact was the lack of chips which directly impacted our automotive OEM and aftermarket business. Retailer buying also slowed in March given high inventory positions which impacted sales in ou

ORLANDO, Fla., July 6, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2023 first quarter results for the period ended May 31, 2022, on Monday, July 11, 2022, after the market closes. The Company will also be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, July 12, 2022 at 10:00 a.m. Eastern. To attend the webcast, participants must register online at https://edge.media-server.com/mmc/p/tesjq8k7.To access the call by phone, please go this link: http

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 to over $200 million through calendar year 2027.New OEM program awa

ORLANDO, Fla., May 4, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2022 fourth quarter and year-end results for the period ended February 28, 2022, on Monday, May 16, 2022, after the market closes. The Company will be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, May 17, 2022 at 10:00 a.m. Eastern. Conference Call Information Toll-free number: 877-303-9079 / International number: 970-315-0461 / Conference ID: 4898372Interested parties can also

ORLANDO, Fla., Jan. 10, 2022 /PRNewswire/ -- Year-to-Date ("YTD") Highlights Total net sales of $472 million, up $71 million or 17.7%. All business segments reported year-over-year growth with Automotive Electronics up $38.6 million and Consumer Electronics up $32.3 million. Onkyo Home Entertainment acquisition completed in Q3 of Fiscal 2022. Company receives award from Stellantis for OEM rear-seat entertainment, estimated to be ~$125 million. Remains on track with prior outlook and positioned for top- and bottom-line improvements Fiscal 2023.VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, t

ORLANDO, Fla., Jan. 3, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that it will be reporting its Fiscal 2022 third quarter results for the period ended October 31, 2021, on Monday, January 10, 2022, after the market closes. The Company will be hosting a conference call and webcast to discuss its results and provide updates on its business operations on Tuesday, January 11, 2022 at 10:00 a.m. Eastern. Conference Call Information Toll-free number: 877-303-9079 / International number: 970-315-0461 / Conference ID: 7185066Interested parties can also partic

ORLANDO, Fla., Oct. 12, 2021 /PRNewswire/ -- YTD Highlights Net sales of $280.2 million, up $80.2 million or 40.1% - 1st half of Fiscal 2022 vs. 1st half of Fiscal 2021. Adjusted EBITDA of $14.6 million, up $3.9 million - 1st half of Fiscal 2022 vs. 1st half of Fiscal 2021. Shipments of new rear-seat entertainment solutions with Amazon Fire TV to Stellantis and Nissan began, with Ford scheduled to start in Q4 of Fiscal 2022. New distribution agreement with GalvanEyes approved by shareholders in August 2021. Acquisition of Onkyo's Home Entertainment A/V business completed in September 2021.VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and

ORLANDO, Fla., July 12, 2021 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2022 first quarter ended May 31, 2021. Commenting on the Company's Fiscal 2022 first quarter results and business momentum, Pat Lavelle, President and Chief Executive Officer stated, "We reported strong top-line growth with all of our business segments up year-over-year. We also generated positive net income and Adjusted EBITDA compared to losses in last year's fiscal first quarter, up $11.0 million and $11.5 million, respectively. This was in spite

ORLANDO, Fla., May 13, 2021 /PRNewswire/ -- VOXX International Corporation (NASDAQ:VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2021 fourth quarter and year ended February 28, 2021. Commenting on the Company's Fiscal 2021 results, Pat Lavelle, President and Chief Executive Officer stated, "As our results demonstrate, we made significant progress this past fiscal year and believe we are at the beginning of the next phase of growth. We made two strategic acquisitions to strengthen our automotive business and have been awarded over $400 million in new OEM awards, many of which a