Brief: Voxx International Reports Q1 Loss Per Share Of $0.05

VOXX International

10/07/2019 22:35

July 10 (Reuters) - VOXX International Corp  VOXX.O :
    * ORATION REPORTS ITS FISCAL 2020 FIRST QUARTER FINANCIAL
RESULTS
    * Q1 LOSS PER SHARE $0.05
    * Q1 SALES $93.5 MILLION VERSUS $100.9 MILLION
    * COMPANY TO BEGIN EXECUTING ITS SHARE REPURCHASE PROGRAM
FOR
REPURCHASE OF UP TO THREE MILLION SHARES
    * BIOMETRICS SEGMENT ESSENTIALLY HAD NO NET SALES DURING
FISCAL
2020 Q1
    * VOXX INTERNATIONAL - CONTINUING TO EXPLORE ALL PATHS,
INCLUDING
POTENTIAL DIVESTITURES, ACQUISITIONS, INVESTMENTS, OR JOINT
VENTURES
    * IN Q1, DECLINE IN GLOBAL CAR SALES HAS IMPACTED OUR
AUTOMOTIVE
ELECTRONICS SEGMENT

Source text for Eikon:  ID:nPnDZjCCa 
Further company coverage:  VOXX.O 

 (Reuters.Briefs@thomsonreuters.com)