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Earnings Call Summary | VOXX International(VOXX.US) Q1 2025 Earnings Conference

Earnings Call Summary | VOXX International(VOXX.US) Q1 2025 Earnings Conference

業績會總結 | 奧迪富斯(VOXX.US) 2025年第一季度業績會
富途資訊 ·  07/12 04:46  · 電話會議

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.

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譯文內容由第三人軟體翻譯。


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