CSIMarket


Voxx International Corporation  (VOXX)
Other Ticker:  
 


 

Voxx International Corporation

VOXX's Financial Statements and Analysis



Voxx International Corporation increased second quarter of 2024 net loss per share of $-0.47 compare to net loss per share of $-0.42 recorded in the same quarter a year ago a decrease compare to $-0.45 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.47 $  114 Mill
$-0.05     $-12M     -9.61 %



Voxx International's Revenue fell by -9.61 % in second quarter of 2024 (Aug 31 2023) year on year, to $114 million and advanced by 1.52 % sequentially.


Voxx International is Expected to report next financial results on May 14, 2024.

More on VOXX's Income Statement



Voxx International's in thesecond quarter of 2024 recorded net loss of $-12.577 million, an increase from net loss of $-10.919 million in II. Quarter a year ago.

Sequentially net loss advanced

More on VOXX's Growth

Voxx International Inventories
Inventories declined by -9.71 % to $174.20 million from II. Quarter a year ago, sequentially inventories fell by -5.51 %. VOXX's Cash flow In the second quarter of 2024 company's net cash flow was $1 million, capital expenditures grew by -0.843-25.62%, to $-1 millions compare to same quarter a year ago

More on VOXX's Cash flow Statement


Voxx International Corporation does not pay out common stock dividend.

In trailing twelve-month period Voxx International Corporation earned $ 0.45 cash per share, on a free-cash flow basis .

Book value fell by -2.90 % sequentially to $11.81 per share, -24.87% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 5.39 per share from $ 5.72.

Company repurchased 0.33 million shares or 1.40 % in Aug 31 2023.


More on VOXX's Dividends

 Market Capitalization (Millions) 187
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 42
 Revenue (TTM) (Millions $) 505
 Net Income (TTM) (Millions $) -36
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) -3
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,060




Voxx International Corporation does not pay out common stock dividend.

In trailing twelve-month period Voxx International Corporation had $ 0.45 cash flow per share, on a free-cash flow basis .

Book value fell by -2.90 % sequentially to $11.81 per share, -24.87% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 5.39 per share from $ 5.72.

Company repurchased 0.33 million shares or 1.40 % in Aug 31 2023.


More on VOXX's Balance Sheets

 Market Capitalization (Millions) 187
 Shares Outstanding (Millions) 23
 Total Debt (Millions $) 42
 Revenue (TTM) (Millions $) 505
 Net Income (TTM) (Millions $) -36
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) -3
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,060
   


  News about Voxx International Corporation Earnings

Voxx International Corporation Faces Troubling Decline in Revenue and Alarming Shortfall in Fiscal Period Ending Aug 31, 2023



The financial performance of Voxx International Corporation has taken a hit as a result of lower demand, leading to vanishing revenue and a larger shortfall. The company's latest financial report for the period of June to August 31, 2023 indicates a concerning decline in revenue and a significant increase in the shortfall per share. If the current trend continues, it could spell trouble for the future of Voxx International Corporation.
Declining Revenue and Increased Shortfall:
During the reporting period of June to August 31, 2023, Voxx International Corporation experienced a substantial decline in revenue compared to the same period last year. Revenue dropped by a significant -9.61% to $1...

Voxx International Corporation Faces Unprecedented Trials and Spiraling Losses in Opening Quarter of 2024 Earnings Season

Voxx International Corporation, a leading global manufacturer and distributor of consumer electronics, has recently reported its fiscal results for the period ending May 31, 2023. The company experienced a notable increase in losses per share, with a figure of $-0.45 compared to $-0.27 in the previous year. However, there was a positive improvement in earnings per share (EPS) from the preceding quarter, rising to $-0.80 per share.
Regarding revenue, Voxx International Corporation witnessed a significant decline both on a year-on-year and sequential basis. In comparison to the similar quarter a year earlier, the revenue receded by -13.055%, amounting to $111.93 million compared to $128.73 million. Sequent...

Voxx International Corporation Faces Steep Decline in Revenue, Continues to Struggle Financially

Voxx International Corporation is suffering significant financial setbacks and is showing no signs of a positive turnaround anytime soon. This is evident from the company's recent financial statements which reveal that the company recorded a cumulative net loss of $-31 million during the 12 months ending in the fourth quarter of 2023. This record-breaking loss has resulted in a negative return on assets (ROA) of -5.52%, which is alarming.
The Consumer Discretionary sector has 95 other companies that have a higher return on assets compared to Voxx International Corporation, which is a clear indication that the company is not perform...


Date modified: 2023-10-11T11:04:08+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com