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Koss Corp. - KOSS STOCK NEWS

Welcome to our dedicated news page for Koss (Ticker: KOSS), a resource for investors and traders seeking the latest updates and insights on Koss.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Koss's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Koss's position in the market.

Rhea-AI Summary
Koss Corporation (NASDAQ: KOSS) reported its second-quarter results, with a 2.4% increase in sales compared to the prior year. However, the net loss for the quarter was $269,153, and the net loss for the six months ended December 31, 2023, was $526,762. The decline in direct-to-consumer sales and sales to European distributors offset the domestic market's increase. The company anticipates an increase in transportation costs in the coming quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
Tags
-
Rhea-AI Summary
Koss Corporation reports Q1 results with a slight increase in sales but a net loss. Positive signals from European distributors offset by a drop in DTC sales and decline in sales to domestic distributors. Gross margins down due to customer mix and higher freight rates. Cost savings initiatives provide some positive impact. Freight rates expected to rise next quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
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Rhea-AI Summary
Koss Corporation reports decline in sales and net loss for Q4 and fiscal year 2023. Education sector and DTC market sales down. Gross margins suffer due to decline in highest margin domestic distributor sales. Pricing actions help mitigate cost increases. Market freight rates decrease by nearly 50%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
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-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.95%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.11%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
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none
Koss Corp.

Nasdaq:KOSS

KOSS Rankings

KOSS Stock Data

22.03M
5.24M
45.34%
6.27%
0.11%
Audio and Video Equipment Manufacturing
Manufacturing
Link
United States
Milwaukee

About KOSS

Koss Corporation is an American company that designs and manufactures headphones. Headquartered in Milwaukee, Wisconsin, since 1958, the company invented the first high fidelity stereophones. Koss continues to design and manufacture headphones and audio accessories.