(1) For purposes of calculating Adjusted EBITDA for the Company, interest expense and bank charges, depreciation and amortization, losses on the contribution of assets to a joint venture, as well as foreign currency losses have been adjusted in order to exclude the non-controlling interest portion of these expenses attributable to EyeLock LLC and Onkyo Technology KK, as appropriate. SOURCE VOXX International Corporation (NASDAQ:VOXX) Net sales declined by 18.1%, gross margins improved by 310 basis points, o ...

Exhibit 99.1 VOXX International Corporation Reports its Fiscal 2024 Fourth Quarter and Year-end Financial Results ORLANDO, FL.— May 14, 2024 — VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 fourth quarter and year-ended February 29, 2024. Commenting on the Company's results and market outlook, Pat Lavelle, Chief Executive Officer stated, "After two ...

VOXX International Corporation (NASDAQ:VOXX) Q4 2024 Results Conference Call May 15, 2024 10:00 AM ET Company Participants Glenn Wiener - President of GW Communications Pat Lavelle - CEO Loriann Shelton - CFO and COO Operator Good day, ladies and gentlemen. And thank you for standing by. Welcome to the VOXX International Fiscal 2024 Fourth Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session [ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM Commission file number 0-28839 VOXX INTERNATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of 13-19 ...

VOXX International Corporation (NASDAQ:VOXX) Q3 2024 Earnings Conference Call January 10, 2023 10:00 AM ET Company Participants Glenn Wiener - IR, GW Communications Patrick Lavelle - CEO Michael Stoehr - SVP & CFO Conference Call Participants Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to VOXX International Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer ses ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-28839 VOXX International Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organizati ...

财务数据和关键指标变化 - 第二季度销售额下降约10%同比,但环比增长1.5% [13] - 毛利率提升190个基点,主要得益于消费者业务的改善 [13][37] - 营业费用下降5%,剔除重组费用后下降约10% [13][39] - 第二季度亏损,但亏损额较去年同期收窄1.5百万美元 [13] - 调整后EBITDA持平,较去年同期改善3.3百万美元 [13][41] - 前6个月销售额下降11.3%,其中汽车业务下降3.9%,消费者业务下降14.5% [42][43] - 前6个月毛利率提升30个基点 [43] - 前6个月营业费用下降3.8%,剔除重组费用和并购费用后下降6% [43] - 前6个月亏损扩大,净亏损2.18亿美元 [44] - 前6个月EBITDA亏损1.3亿美元,调整后EBITDA亏损500万美元 [44] 各条业务线数据和关键指标变化 消费者业务 - 消费者业务销售额下降1000万美元,其中高端音频下降1600万美元,其他消费电子产品增长600万美元 [14] - 高端音频业务受到全球供应链问题、经济环境恶化和零售环境恶劣的影响,但预计将在下半年恢复增长 [14] - 高端音频业务第二季度环比增长560万美元,第三季度预计同比增长 [15] - 扬声器市场整体下降16%,但Klipsch仍保持市场份额第一 [16] - 新推出的音响条、音乐城系列蓝牙音箱、新款低音炮等新产品有望带动增长 [17][19][20] - 其他消费电子产品增长,主要得益于德国Schweiger推出的新款阳台电源产品和RCA新推出的助听器 [22] 汽车业务 - 汽车业务销售额下降180万美元,其中OEM业务增长100万美元,售后市场下降280万美元 [24] - OEM业务增长,得益于一些供应短缺问题有所缓解,以及Code远程启动和安全应用的订单增加 [24] - 车载娱乐系统销售下降,但VSM销售增长近5% [24] - 售后市场业务下降,主要是由于客户库存较高以及整体零售环境恶劣 [25][26] - 已采取多项措施提升毛利率,包括价格调整、供应链优化、将生产线从佛罗里达迁至墨西哥等 [27] - 未来将获得林肯航海家、福特远征者等新项目,日产新照明项目和新邮政车项目也将于明年启动 [27] 生物识别业务 - 生物识别业务销售额下降约20万美元,主要是由于许可收入下降和一些项目推迟 [28] - 正在与汽车经销商、基础设施、政府、金融服务公司等合作,并与医疗行业合作伙伴完成最终原型验证,明年中期将开始量产 [28] - 未来将专注于嵌入式解决方案的增长 [28] 公司战略和发展方向及行业竞争 - 公司采取了一系列措施应对经济环境的挑战,包括裁员、降低非必要支出、终止第三方协议、将生产线迁至墨西哥等 [11][12] - 这些措施将有助于提升毛利率和降低成本,预计下半年将实现盈利 [27][29] - 公司与Gentex建立战略合作关系,Gentex将成为公司三大股东之一,双方将在生物识别和汽车业务上展开合作 [30][31][32] - 公司认为未来一年市场环境仍将严峻,但已做好应对准备,如果情况进一步恶化将采取更多行动 [29] - 行业整体面临供应链问题、经济环境恶化和零售环境恶劣等挑战,公司主要竞争对手也受到类似影响 [14][16][23][25][26] 管理层对经营环境和未来前景的评论 - 全球市场仍然充满挑战,消费支出疲软,汽车制造商生产问题仍未解决 [10] - 但公司本季度业务有所改善,有望在下半年实现收入增长和盈利 [10] - 未来业绩很大程度上取决于汽车市场状况,特别是UAW罢工的影响,以及消费者信心 [10][26][57][58] - 公司认为未来一年市场环境仍将严峻,但已采取措施应对,有信心在下半年实现盈利 [29] - 公司与Gentex建立战略合作关系,有望通过双方合作推动创新和业务增长 [31][32] 其他重要信息 - 公司完成了对Avalon Park LLC和Avalon Park Group Holding AG持股50%的出售交易,Gentex成为公司三大股东之一 [30] - 这次交易体现了公司寻求战略合作伙伴的战略,Gentex将与公司在生物识别和汽车业务上展开合作 [31][32]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-28839 VOXX International Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization ...

VOXX International Corporation (NASDAQ:VOXX) Q1 2024 Earnings Conference Call July 11, 2023 10:00 AM ET Company Participants Glenn Wiener - IR, GW Communications Pat Lavelle - CEO Michael Stoehr - SVP and CFO Conference Call Participants Thomas Forte - D.A. Davidson Operator Good day, and thank you for standing by. And welcome to the First Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-28839 VOXX International Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 2 ...