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 Q1 2025

Earnings data Q2 2025

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.

Panasonic Automotive and Klipsch create a high-performing, powerful audio system for the next INFINITI flagship All-new 2025 INFINITI QX80 to feature segment exclusive Klipsch Reference Premiere Audio System. This is first of many innovative, refined technologies for QX80, which will debut Spring 2024.

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

Gentex

Shares of auto and consumer electronics supplier Voxx International Corp. VOXX, +20.41% rallied more than 20% Wednesday after Gentex Corp. GNTX, -0.03% disclosed an 8.6% stake in the company, according to a filing with the Securities and Exchange Commission. Voxx shares hit an intraday high of $9.90, while Gentex shares were down fractionally.

Voxx's stock rallies 20% after Gentex stake disclosed

VOXX International Corporation (NASDAQ:VOXX ) Q2 2024 Earnings Conference Call October 11, 2023 10:00 AM ET Company Participants Glenn Wiener - Investor Relations, GW Communications Pat Lavelle - Chief Executive Officer Michael Stoehr - Senior Vice President and Chief Financial Officer Conference Call Participants Tom Forte - D.A. Davidson Operator Good day, and thank you for standing by.

VOXX International Corporation (VOXX) Q2 2024 Earnings Call Transcript

Beat Kahli, President of VOXX International Corporation (VOXX) and Controlling Partner of Avalon Park Entities Agrees to Sell 50% of APG Holdings in VOXX Gentex to Own ~15.1% of VOXX's Class A Common Stock Following the Transactions ORLANDO, Fla. , Oct. 10, 2023 /PRNewswire/ -- Avalon Park Group ("APG"), a diversified family of companies across multiple industries and geographies, is pleased to announce today that it has entered into Stock Purchase Agreement with Gentex Corporation (NASDAQ: GNTX) to sell 50% of its total ownership stake in VOXX International Corporation (NASDAQ: VOXX).

Avalon Park Group Holding AG and Avalon Park International LLC Enter into Stock Purchase Agreement with Gentex Corporation

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.

VOXX International Corporation Reports its Fiscal 2024 Second Quarter Financial Results

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.

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

Pat Lavelle and Announces the Appointment of Loriann Shelton as Chief Financial Officer ORLANDO, Fla. , Oct. 2, 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 has extended the employment agreement of Chief Executive Officer Pat Lavelle through February 28, 2025.

VOXX International Corporation Extends Employment Agreement of Chief Executive Officer

Last month, VOXX International Corporation reported weak Q1/FY2024 results with sales, margins, and profitability challenged by changing retail consumer consumption patterns post-COVID. Even worse, management does not expect the business environment to improve anytime soon and abstained from reiterating previous projections for a return to growth in the second half of FY2024. Adding insult to injury, a previous $39.4 million arbitration award against the company has recently been confirmed by the United States District Court.

VOXX International: Sell On Mounting Financial Challenges

VOXX International Corporation (NASDAQ:VOXX ) Q1 2024 Earnings Conference Call July 11, 2023 10:00 AM ET Company Participants Glenn Wiener - IR, GW Communications Pat Lavelle - CEO Michael Stoehr - SVP and CFO Conference Call Participants Thomas Forte - D.A. Davidson Operator Good day, and thank you for standing by.

VOXX International Corporation (VOXX) Q1 2024 Earnings Call Transcript

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.

VOXX International Corporation Reports its Fiscal 2024 First Quarter Financial Results

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.

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

Company finished FY2023 on a weak note with both sales and profitability down on a quarter-over-quarter and year-over-year basis. Pronounced weakness in the company's automotive aftermarket and premium audio products have been the main drivers behind the disappointing performance. While VOXX managed to generate some cash in the fourth quarter, full-year free cash flow was negative by a whopping $41.8 million.

VOXX International: A Weak Finish To FY2023 With More Challenges Ahead, Avoid

VOXX International Corporation (NASDAQ:VOXX ) Q4 2023 Earnings Conference Call May 16, 2023 10:00 AM ET Company Participants Glenn Wiener - Investor Relations, GW Communications Patrick Lavelle - Chief Executive Officer Michael Stoehr - Chief Financial Officer Conference Call Participants Brian Ruttenbur - Imperial Capital Group, LLC Tom Forte - D.A. Davidson & Co. Operator Good day and thank you for standing by.

VOXX International Corporation (VOXX) Q4 2023 Earnings Call Transcript

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.

VOXX International Corporation Reports its Fiscal 2023 Fourth Quarter and Year-End Financial Results

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.

VOXX INTERNATIONAL CORPORATION SETS DATE FOR ITS FISCAL 2023 FOURTH QUARTER RESULTS AND CONFERENCE CALL

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 its Board of Directors unanimously approved the nomination of Steve Downing as a Director of VOXX for the upcoming Fiscal Year at its 2023 Annual Meeting of Stockholders.

VOXX International Corporation's Board of Directors Nominates Gentex Corporation's President and Chief Executive Officer Steve Downing, to Serve as a Director of VOXX at the Company's 2023 Annual Meeting of Stockholders

RCA OTC Hearing Aids to improve access to safe, effective  and affordable hearing aids for millions of Americans INDIANAPOLIS , May 1, 2023 /PRNewswire/ -- RCA Accessories today announced its plans to enter the over-the-counter ("OTC") hearing aid market with an assortment of RCA® OTC Hearing Aids scheduled for launch on May 8, 2023. In August 2022, the U.S. Food and Drug Administration ("FDA") issued a final rule to improve access to hearing aids which may in turn lower costs for millions of Americans.

RCA Accessories Enters the Multi-Billion-Dollar Hearing Aid Market with an Assortment of RCA® Over-the-Counter Hearing Aids

VOXX International Corporation beats earnings expectations in fiscal Q3 2023, despite a poor sales print. Gross margin increases in the automotive segment.

VOXX International: Must Remain Profitable To Keep The Market Interested

ORLANDO, Fla. , Feb. 7, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced that Beat Kahli, Co-Vice Chairman of the Board and VOXX's largest shareholder, has been appointed President.

VOXX International Corporation Appoints Beat Kahli as its New President

VOXX International Corporation (NASDAQ:VOXX ) Q3 2023 Earnings Conference Call January 10, 2023 10:00 AM ET Company Participants Glenn Wiener - Investor Relations Patrick Lavelle - President and Chief Executive Officer Michael Stoehr - Senior Vice President and Chief Financial Officer Conference Call Participants Operator Good day and thank you for sending by. Welcome to the VOXX Fiscal 2023 Third Quarter Results Conference Call.

VOXX International Corporation (VOXX) Q3 2023 Earnings Call Transcript

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.

VOXX International Corporation Reports its Fiscal 2023 Third Quarter Financial Results

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.

News for VOXX International Corporation Class A Stock (VOXX)