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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.

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.

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.

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.

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

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.

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.

VOXX International Corporation (NASDAQ:VOXX ) Q2 2023 Earnings Conference Call October 12, 2022 10:00 AM ET Company Participants Glenn Wiener - IR Pat Lavelle - President and CEO Michael Stoehr - CFO Conference Call Participants Brian Ruttenbur - Imperial Capital Thomas Forte - D.A. Davidson Operator Good day and thank you for sending by.