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Stock Market & Financial Investment News

News Breaks
January 9, 2013
16:36 EDTVOXXVOXX Q3 electronic sales up 21.4% to $201.5M
Electronics sales were $201.5 million and $165.9 million for the comparable fiscal third quarters, an increase of 21.4%. Driving this increase was primarily the addition of Hirschmann sales, which accounted for $39.5 million during the fiscal 2013 third quarter. Excluding the impact of Hirschmann, Electronics sales declined approximately $3.9 million or 2.4% with the declines primarily in consumer products, mobile audio and in the international markets. Offsetting this decline were increases in mobile OEM sales, particularly at Invision on the strength of new OEM programs with Ford and Nissan for rear-seat entertainment, higher sales of headphones and sound bars, and new product offerings. For the three months ended November 30, 2012, Electronics sales represented 82.9% of net sales as compared to 80.2% in the comparable prior year period.
News For VOXX From The Last 14 Days
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July 1, 2015
08:33 EDTVOXXVOXX announces multi-subsidiary OEM contract
VOXX announced its first ever, multi-subsidiary OEM contract. VOXXHirschmann will be supplying dual DVD head restraints and Klipsch Image ONE headphones in all 2015 and 2016 model year Cadillac Escalade Platinum Edition vehicles. While VOXX has been a market leader in automotive rear-seat entertainment for decades, this marks the first time Klipsch audio products will be used in the OEM space. This program began in January 2015, following the launch of the Cadillac Escalade Platinum, the next generation luxury SUV offered by Cadillac.

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