Profile
Sector:
TechnologyIndustry:
Consumer ElectronicsCountry:
United StatesIPO:
16 March 1992Website:
http://www.voxxintl.comNext earnings report:
09 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:00:06 GMTDividend
Analysts recommendations
Institutional Ownership
VOXX Latest News
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 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.
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.
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.
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.
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 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 (VOXX) Q3 2024 Earnings Call Transcript
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.
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.
What type of business is VOXX International?
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules. The company also provides speakers; A/V receivers; home theater, and business and streaming music systems; on-ear and in-ear headphones; wired and wireless, and Bluetooth headphones and ear buds; soundbars; digital living network alliance compatible devices; high-definition television and wireless fidelity antennas; high-definition multimedia interface accessories; karaoke and infant/nursery products; home electronic accessories, such as cabling, power cords, and other connectivity products; performance enhancing electronics; TV universal remote controls; flat panel TV mounting systems; power supply systems and charging products; solar powered balcony systems; electronic equipment cleaning products; hearing aids and personal sound amplifiers; set-top boxes; and home and portable stereos. In addition, it offers iris identification and biometric security related products. The company was formerly known as Audiovox Corporation and changed its name to VOXX International Corporation in December 2011. VOXX International Corporation was founded in 1960 and is headquartered in Orlando, Florida.
What sector is VOXX International in?
VOXX International is in the Technology sector
What industry is VOXX International in?
VOXX International is in the Consumer Electronics industry
What country is VOXX International from?
VOXX International is headquartered in United States
When did VOXX International go public?
VOXX International initial public offering (IPO) was on 16 March 1992
What is VOXX International website?
https://www.voxxintl.com
Is VOXX International in the S&P 500?
No, VOXX International is not included in the S&P 500 index
Is VOXX International in the NASDAQ 100?
No, VOXX International is not included in the NASDAQ 100 index
Is VOXX International in the Dow Jones?
No, VOXX International is not included in the Dow Jones index
When was VOXX International the previous earnings report?
No data
When does VOXX International earnings report?
The next expected earnings date for VOXX International is 09 January 2025