share_log

VOXX International | 10-Q: Q1 2025 Earnings Report

VOXX International | 10-Q: Q1 2025 Earnings Report

奧迪富斯 | 10-Q:2025財年一季報
美股SEC公告 ·  2024/07/10 20:10

牛牛AI助理已提取核心訊息

VOXX International reported Q1 FY2025 net sales of $91.7 million, down 18.1% from $111.9 million in Q1 FY2024, while net loss narrowed to $9.3 million from $10.7 million. Automotive Electronics sales declined 27.9% to $27.7 million, while Consumer Electronics revenue fell 12.8% to $63.9 million. Gross margin improved 310 basis points to 27.7%.Operating expenses decreased 16.6% to $32.5 million, driven by headcount reductions and cost containment measures across selling, general and administrative, and engineering functions. The company formed a new joint venture BioCenturion LLC for its biometrics business, contributing certain EyeLock assets while retaining a 50% ownership stake.Despite challenging market conditions, VOXX maintained strong liquidity with $44.3 million available under its credit facility. The company continues to focus on operational improvements through manufacturing relocation to Mexico, new product launches, and strategic cost reductions while navigating near-term economic uncertainties and reduced consumer spending.
VOXX International reported Q1 FY2025 net sales of $91.7 million, down 18.1% from $111.9 million in Q1 FY2024, while net loss narrowed to $9.3 million from $10.7 million. Automotive Electronics sales declined 27.9% to $27.7 million, while Consumer Electronics revenue fell 12.8% to $63.9 million. Gross margin improved 310 basis points to 27.7%.Operating expenses decreased 16.6% to $32.5 million, driven by headcount reductions and cost containment measures across selling, general and administrative, and engineering functions. The company formed a new joint venture BioCenturion LLC for its biometrics business, contributing certain EyeLock assets while retaining a 50% ownership stake.Despite challenging market conditions, VOXX maintained strong liquidity with $44.3 million available under its credit facility. The company continues to focus on operational improvements through manufacturing relocation to Mexico, new product launches, and strategic cost reductions while navigating near-term economic uncertainties and reduced consumer spending.
奧迪富斯報告了2025財年第一個季度淨銷售額爲9170萬,較2024財年第一個季度的11190萬下降了18.1%,同時淨虧損收窄至930萬,較1070萬有所改善。汽車電子銷售下降27.9%,至2770萬,而消費電子營業收入降至6390萬,下降了12.8%。毛利率提高了310個點子,達到了27.7%。營業費用下降16.6%,至3250萬,這得益於員工減少和銷售、一般及管理和工程職能的成本控制措施。該公司成立了新的合資企業BioCenturion LLC,以支持其生物識別業務,貢獻了一些EyeLock資產,同時保留了50%的股份。儘管市場狀況嚴峻,奧迪富斯保持了強勁的流動性,信用額度下可用資金爲4430萬。公司繼續專注於通過將製造業務遷往墨西哥、推出新產品和戰略性降低成本來改善運營,同時應對短期經濟不確定性和降低的消費支出。
奧迪富斯報告了2025財年第一個季度淨銷售額爲9170萬,較2024財年第一個季度的11190萬下降了18.1%,同時淨虧損收窄至930萬,較1070萬有所改善。汽車電子銷售下降27.9%,至2770萬,而消費電子營業收入降至6390萬,下降了12.8%。毛利率提高了310個點子,達到了27.7%。營業費用下降16.6%,至3250萬,這得益於員工減少和銷售、一般及管理和工程職能的成本控制措施。該公司成立了新的合資企業BioCenturion LLC,以支持其生物識別業務,貢獻了一些EyeLock資產,同時保留了50%的股份。儘管市場狀況嚴峻,奧迪富斯保持了強勁的流動性,信用額度下可用資金爲4430萬。公司繼續專注於通過將製造業務遷往墨西哥、推出新產品和戰略性降低成本來改善運營,同時應對短期經濟不確定性和降低的消費支出。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
評論 評論 · 瀏覽 338

熱點推薦

聲明

本頁的譯文內容由軟件翻譯。富途將竭力但卻不能保證翻譯內容之準確和可靠,亦不會承擔因任何不準確或遺漏而引起的任何損失或損害。