VOXX International Corporation Reports its Fiscal 2025 First Quarter Financial Results

(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 ...