VOXX International: Jumps on Q3 sales growth

VOXX International

12/01/2021 10:29

** Shares of automotive and consumer accessories distributor
 VOXX.O  up 53.79% at $22.7 premarket - set to open at record
high
    ** Stock among top pct gainers on Nasdaq
    ** Co posts fiscal 2021 Q3 net sales of $201.1 mln, up
82.6%, vs $110.1 mln a year earlier, helped by sales growth in
all segments  urn:newsml:reuters.com:*:nPn6wPhhNa
    ** FY 2021 Q3 consumer electronics segment net sales were
$139 mln vs $79.9 mln a year earlier, driven by sales of its 
wireless computer speaker systems and other mobility products
    ** FY 2021 Q3 Automotive Electronics segment net sales were
$61.5 mln vs $30 mln a year earlier
    ** FY 2021 Q3 biometrics segment sales of $0.3 mln, up
148.6% from year earlier due to higher sales of its EXT and NXT
products

 (Reporting by Rithika Krishna)
 ((Rithika.Krishna@thomsonreuters.com;))