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VOXX International Corporation - $VOXX STOCK NEWS

Welcome to our dedicated page for VOXX International Corporation news (Ticker: $VOXX), a resource for investors and traders seeking the latest updates and insights on VOXX International Corporation stock.

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 VOXX International Corporation'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 VOXX International Corporation's position in the market.

Rhea-AI Summary
VOXX International extends CEO Pat Lavelle's employment agreement through Feb. 2025. Loriann Shelton appointed as CFO effective March 1, 2024. Michael Stoehr transitions to Senior VP and Treasurer. Stoehr resigns from the Board as of March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.77%
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none
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Rhea-AI Summary
VOXX International Corporation announced its financial results for its Fiscal 2024 first quarter. Net sales decreased by 13.1% to $111.9 million compared to the same period last year. The Automotive Electronics segment saw a decrease of 3.0% in net sales, while the Consumer Electronics segment saw a decrease of 17.5%. The gross margin declined by 120 basis points to 24.6%. The company reported an operating loss of $11.4 million and a net loss of $10.7 million. EBITDA and Adjusted EBITDA also showed losses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.87%
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End-of-Day
2.93%
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Rhea-AI Sentiment
End-of-Day
-27.75%
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Rhea-AI Summary
VOXX International Corporation will be reporting its Fiscal 2023 fourth quarter results on May 15, 2023, after the market closes. The Company will host a conference call and webcast on May 16, 2023, to discuss its results and provide business updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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Rhea-AI Sentiment
End-of-Day
-2.04%
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Rhea-AI Impact
Rhea-AI Sentiment
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6.14%
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management
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4.52%
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Rhea-AI Sentiment
End-of-Day
1.07%
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VOXX International Corporation

Nasdaq:VOXX

VOXX Rankings

VOXX Stock Data

138.98M
11.12M
45.31%
47.46%
1.21%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
HAUPPAUGE

About VOXX

voxx international corporation (nasdaq:voxx). the company that began as audiovox over 45 years ago has morphed into a worldwide leader in many automotive and consumer electronics and accessories categories, and now into premium high-end audio. the company’s brands hold leading market positions across a wide-spectrum of consumer and automotive segments. today, voxx international is a global company….with an extensive distribution network that includes some of the world’s fortune 500 companies and an international footprint in europe, asia, mexico and south america, and a growing brand portfolio, which is now comprised of over 30 trusted brands including audiovox®, klipsch®, rca®, invision®, jensen®, acoustic research®, jamo®, energy®, mac audio®, magnat®, heco®, schwaiger®, hirschmann car communication® and oehlbach®. the company continues to drive innovation throughout all of its subsidiaries, and maintains its commitment to exceeding the needs of the consumers it serves. for addi