Earnings Call Summary | VOXX International(VOXX.US) Q1 2025 Earnings Conference
Earnings Call Summary | VOXX International(VOXX.US) Q1 2025 Earnings Conference
The following is a summary of the VOXX International Corporation (VOXX) Q1 2025 Earnings Call Transcript:
以下是奧迪富斯國際公司(VOXX)2025財年第一季度業績會議通話記錄摘要:
Financial Performance:
金融業績:
VOXX International reported Q1 sales of $91.7 million, a decrease of approximately 18%.
Gross margins improved by 310 basis points, while operating expenses were reduced by over 16% year-over-year.
The company reported an operating loss of $7.1 million, an improvement of $4.3 million year-over-year.
Adjusted EBITDA loss improved by $2.1 million from the previous year.
奧迪富斯國際報告第一季度銷售額爲9170萬美元,約下降18%。
毛利率提高了310個點子,而營業費用同比減少了超過16%。
該公司報告了710萬美元的營業虧損,同比改善了430萬美元。
經調整的EBITDA損失較去年同期改善了210萬美元。
Business Progress:
業務進展:
VOXX is transitioning operations including moving automotive OEM production to Mexico, expected to complete by the end of Q2, to reduce physical footprint in Florida.
Engaged Accordion for evaluating avenues to support restructuring.
Implemented Oracle Fusion for ERP to enhance efficiencies and data capabilities.
Plans to reduce debt substantially and improve capital structure through asset sales.
奧迪富斯國際正在進行業務轉型,包括將汽車OEm生產轉移到墨西哥,預計將在第二季度結束,以減少佛羅里達州的物理佔地面積。
與手風琴合作評估支持重組的途徑。
實現了甲骨文Fusion ERP以提高效率和數據能力。
計劃通過資產銷售大幅減少債務並改善資本結構。
Opportunities:
機會:
Transitioning to producing new technological offers like remote start systems, lighting, safety equipment, and introducing new products in Premium Audio potentially drives future growth.
轉型生產遙控啓動系統、照明、安全設備等新技術產品,並在高級音頻領域推出新產品,有望推動未來增長。
Risks:
風險:
Economic challenges including high interest rates and inflation, along with shifts in consumer demand impacting sales.
Debt levels and cash flow concerns despite restructuring plans.
Sales pressure in automotive segments due to discontinuation of RSE program with Stellantis and delayed program with Ford.
高利率和通貨膨脹等經濟挑戰以及消費需求的轉變影響銷售。
儘管進行了重組計劃,但債務水平和現金流仍令人擔憂。
由於與斯泰克藍特公司計劃中止以及與福特汽車公司計劃推遲,汽車領域的銷售壓力增大。
More details: VOXX International IR
更多詳情:VOXX International IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。