VOXX International Corporation Class A

VOXX International Corp. engages in the manufacture and distribution of consumer electronic products. It operates through the following segments: Automotive Electronics, Consumer Electronics, and Biometrics. The Automotive Electronics segment offers products including entertainment devices, automotive security, remote start systems, mobile multimedia devices, and car-link smartphone telematics applications. The Consumer Electronics segment designs, manufactures, distributes, and markets products including home theater systems, high-end loudspeakers, outdoor speakers, business music systems, and cinema speakers. The Biometrics segment provides iris identification and biometric security related products. The company was founded by John J. Shalam in 1960 and is headquartered in Orlando, FL.

Earnings data Q4 2021

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Earnings data Q3 2025

VOXX International faces sales decline but shows resilience and opportunities

VOXX International's fiscal 2023 was marked by significant sales declines, particularly in the Automotive and Consumer segments, leading to an operating loss. However, the company showed resilience with a notable increase in Biometrics sales and proactive measures to address challenges. Looking ahead, the focus on improving chip supply and gross margin, along with potential growth in the Biometrics segment, presents opportunities for recovery and future expansion.

VOXX International reports Q1 net sales decline and operational challenges

VOXX International reported a decline in net sales and an operating loss for Q1 fiscal 2024. The automotive segment showed strength with key OEM partners, while the consumer segment faced challenges due to changing consumer preferences. The company has opportunities for growth through new innovations, partnerships, and the easing of chip issues.

VOXX reports Q3 sales decline, eyes growth through new programs

VOXX International Corporation navigated challenges in sales performance, with notable declines in the Automotive and Consumer segments.
Despite these challenges, the company demonstrated strengths in securing new programs, diversifying product sales, and positioning for future growth.
Opportunities lie in leveraging positive interest from the CES show, developing new programs, and addressing supply chain issues to drive future success.

VOXX International reports fiscal challenges but sees growth opportunities ahead

VOXX International faced challenges in fiscal 2023 with sales declines and an operating loss, but showed strength in Biometrics sales and certain product segments.
Immediate challenges include financial strain from declining sales and increasing debt, but opportunities exist in improving gross margins and managing uncertainties.
The company's cautious approach to economic challenges and expectations for sales recovery in fiscal 2024 indicate a strategic focus on sustainable growth.
Overall, VOXX International aims to address current challenges, capitalize on growth opportunities, and enhance profitability in the coming fiscal year.

VOXX reports Q1 sales decline, eyes growth in OEM business

VOXX International Corporation navigated a challenging Q1 with declining net sales, offset by growth in the Automotive OEM business and stable performance in the Biometrics segment.
Effective cost management and debt reduction efforts bolstered the company's financial position, while strategies to address supply chain issues and changing consumer preferences were discussed.
Despite facing headwinds, VOXX International remains focused on operational efficiency, product innovation, and aligning resources to drive future growth and mitigate economic uncertainties.

VOXX reports Q2 results, eyes profitability amid market challenges

VOXX International Corporation faced mixed results in Q2 2024, with sales down YoY but showing sequential improvement, driven by actions taken to enhance financial performance.
While challenges persist in certain segments, such as Biometrics and Premium Audio, the company's focus on innovation and cost reduction bodes well for future growth.
With a strategic investment in place and a focus on upcoming programs for Q3, VOXX aims to navigate global market challenges and achieve profitability for the remainder of the year.

VOXX International reports mixed Q3 results, eyes growth opportunities

VOXX International Corporation faced challenges in Q3 2024, with declining net sales and an operating loss for the 9-month period.
Despite these challenges, the company demonstrated strengths in consumer segment growth, product innovation, and operational efficiency.
Opportunities lie in partnerships, sequential improvements in margins, and growth prospects in the Consumer segment and beyond.
Strategic focus on sales growth, margin improvement, and expense reduction positions the company for future success amidst economic headwinds.

VOXX International reports fiscal challenges, focuses on efficiency and growth

VOXX International Corporation faced revenue declines and operational losses in fiscal 2024, particularly in the automotive and consumer segments.
The company is taking steps to improve efficiency, reduce costs, and drive growth through new product launches and operational streamlining.
Despite challenges, VOXX International is focused on enhancing profitability, lowering working capital needs, and generating cash through efficiencies.

VOXX reports Q1 sales decline, focuses on profitability and efficiency

VOXX International Corporation is navigating challenges in declining sales but remains optimistic about future prospects.
Efforts to enhance margins, reduce expenses, and realign business strategies demonstrate a commitment to financial improvement.
Despite obstacles, the company's focus on profitability and operational efficiency positions it for growth and shareholder value creation.

VOXX International reports Q2 resilience, eyes growth opportunities ahead

VOXX International's strategic actions are driving positive financial outcomes and stability.
Management's confidence in progress and profitability outlook signals a promising year ahead.
Focus on operational efficiency, debt reduction, and new product lines position the company for growth.
Analyst inquiries reflect investor interest in Klipsch valuation and future prospects.

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VOXX International Corp. engages in the manufacture and distribution of consumer electronic products. It operates through the following segments: Automotive Electronics, Consumer Electronics, Biometrics, and Corporate. The Automotive Electronics segment offers products including entertainment devices, automotive security, remote start systems, mobile multimedia devices, and car-link smartphone telematics applications. The Consumer Electronics segment designs, manufactures, distributes, and markets products including home theater systems, high-end loudspeakers, outdoor speakers, business music systems, and cinema speakers. The Biometrics segment provides iris identification and biometric security related products. The company was founded by John J. Shalam in 1960 and is headquartered in Orlando, FL.

Last week, VOXX International reported another set of weak quarterly results with both the Automotive and the Consumer Electronics business suffering substantial sales declines. Recent divestments have reduced net debt from more than $50 million at the end of Q2 to below $15 million as of last week. Management made clear that the company is indeed up for sale as part of a strategic review initiated in August.

VOXX International: Management Fueling Buyout Hopes - Strong Buy

VOXX International Corporation (NASDAQ:VOXX ) Q2 2025 Earnings Conference Call October 11, 2024 10:00 AM ET Company Participants Glenn Wiener - IR, GW Communications Patrick Lavelle - CEO Loriann Shelton - CFO and COO Conference Call Participants Bruce Olephant - Oppenheimer Operator Welcome to the Fiscal 2025 Second Quarter Results Conference Call. At this time, all participants are in a listen-only mode.

VOXX International Corporation (VOXX) Q2 2025 Earnings Call Transcript

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 million Restructuring programs generating anticipated savings, and are expected to have a positive impact on Fiscal 2025 second half results Over $50 million in debt reduction since year-end, bringing total debt to under $20 million as of today, with total net debt under $15 million Company continues to execute on its restructuring plan and strengthen its balance sheet, while pursuing strategic alternatives to maximize shareholder value ORLANDO, Fla. , Oct. 10, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, as well as strategic joint ventures including biometrics, today announced its financial results for its Fiscal 2025 second quarter and six-months ended August 31, 2024.

VOXX International Corporation Reports its Fiscal 2025 Second Quarter Financial Results

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.

VOXX INTERNATIONAL CORPORATION SETS DATE TO REPORT ITS FISCAL 2025 SECOND QUARTER AND SIX-MONTHS RESULTS AND HOST CONFERENCE CALL

Company continues to execute on its restructuring plan, pay down debt, and strengthen its balance sheet as part of its concerted effort to improve operations and maximize shareholder value ORLANDO, Fla. , Sept. 5, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced that it has successfully closed the previously announced transaction with Talisman Brands Inc./Established, Inc. to sell its domestic accessories business for total consideration of approximately $25.0 million.

VOXX International Corporation Announces the Successful Sale of its Domestic Accessory Business and the Sale of its Jamo™ and Energy™ Brands for a Total of Approximately $28 Million

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ORLANDO, Fla. , Aug. 27, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, announced that its board of directors has been conducting an exploration of strategic alternatives in connection with its ongoing effort to maximize shareholder value.

VOXX International Corporation Announces Strategic Alternatives Process to Maximize Valuation

Ari M. Shalam Elected Chairman of the Board of Directors; John J. Shalam Becomes Chairman Emeritus and Beat Kahli Remains Vice Chairman ORLANDO, Fla.

VOXX International Corporation Announces Changes to its Board of Directors

VOXX will continue to operate as VOXX Accessories Corp. ("VAC") to ensure business continuity ORLANDO, Fla. , Aug. 8, 2024 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced that it has entered into an Asset Purchase Agreement (the "Agreement") to sell certain assets, including the Company's iconic RCA® trademarks and other intellectual property, to Established Inc. The total value of the transaction is expected to be approximately $25 million, and the companies anticipate the deal will close on or before August 30, 2024.

VOXX International Corporation Announces the Sale of Certain Assets of its Domestic Accessories Group to Established, Inc. for Approximately $25 Million

VOXX International Corporation (NASDAQ:VOXX ) Earnings Conference Call July 11, 2024 10:00 AM ET Company Participants Glenn Wiener - President of GW Communications Patrick Lavelle - CEO Loriann Shelton - CFO and COO Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the VOXX International Fiscal 2025 First Quarter Results Conference Call.

VOXX International Corporation (VOXX) Q1 2025 Earnings Call Transcript

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 International Corporation Reports its Fiscal 2025 First Quarter Financial Results

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.

VOXX INTERNATIONAL CORPORATION SETS DATE TO REPORT ITS FISCAL 2025 FIRST QUARTER RESULTS AND HOST CONFERENCE CALL

VOXX International Corporation (NASDAQ:VOXX ) Q4 2024 Results Conference Call May 15, 2024 10:00 AM ET Company Participants Glenn Wiener - President of GW Communications Pat Lavelle - CEO Loriann Shelton - CFO and COO Operator Good day, ladies and gentlemen. And thank you for standing by.

VOXX International Corporation (VOXX) Q4 2024 Earnings Call Transcript

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.

VOXX International Corporation Reports its Fiscal 2024 Fourth Quarter and Year-end Financial Results

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.

VOXX INTERNATIONAL CORPORATION SETS DATE TO REPORT ITS FISCAL 2024 FOURTH QUARTER AND YEAR-END RESULTS AND HOST CONFERENCE CALL

Companies reach agreement to engage in a joint venture and form new entity – BioCenturion, LLC ORLANDO, Fla. , March 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 its majority owned subsidiary, EyeLock LLC, has entered into a joint venture agreement (the "Agreement") with GalvanEyes Partners LLC to form BioCenturion, LLC.

VOXX International Corporation Announces Joint Venture Between EyeLock LLC and GalvanEyes Partners LLC

Reflects the company's dedication to meeting the evolving needs of its discerning clientele with the epitome of luxury. ORLANDO, Fla.

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VOXX International Corporation (VOXX) Q3 2024 Earnings Call Transcript

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.

VOXX International Corporation Reports its Fiscal 2024 Third Quarter Financial Results

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All-new 2025 INFINITI QX80 to feature premium Klipsch® Reference Premiere Audio System, powered by Panasonic

INDIANAPOLIS , Jan. 8, 2024 /PRNewswire/ -- Building from its early success in the multi-billion-dollar and rapidly growing hearing aid market, RCA Accessories today announced the upcoming launch of three new upgraded premium hearing aids with advanced functionality, battery lifetime and volume controls. In addition, the Company is introducing a best-in-class protection plan for its customers.

RCA Accessories To Expand its Presence in the Multi-Billion-Dollar Over-the-Counter Hearing Aid Market with the Launch of Three New Premium RCA Models

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.

VOXX INTERNATIONAL CORPORATION SETS DATE FOR ITS FISCAL 2024 THIRD QUARTER RESULTS AND CONFERENCE CALL

Panasonic Automotive and Klipsch Develop the Highest Performing, Most Powerful Audio System Ever in a Ram Truck. The System Enhances the Driving Experience with Stunning Audio Clarity and Dynamics.

All-New 2025 Ram 1500 Tungsten Debuts Featuring Ultra-Premium Klipsch Reference Premiere Audio System

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News for VOXX International Corporation Class A Stock (VOXX)