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VOXX International Corporation (VOXX) closed 3,8

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Post# of 658
Posted On: 10/13/2016 5:01:10 AM
Posted By: Ciao
VOXX International Corporation (VOXX)
closed 3,80+1,25 (+49,02%)
Day's Range 3.10 - 3.95
Volume 3,057,843
Avg Vol (3m) 225,404

Open 3.25
Prev Close 2.55


it open in a gap due to good results... could be some left for today but with caution
Quote:
has surged by 28.4% today after the company reported fiscal 2017 second quarter earnings of $0.12 per share on revenue of $159.3 million. That compares to a loss of $0.18 per share on sales of $154.2 million for the comparable period of the company’s 2016 fiscal year. Adjusted EBITDA was $6.9 million, up from $4.8 million in the comparable period. CEO Pat Lavelle said:

“We reported year-over-year growth during the second quarter and remain on track to drive growth in our business this Fiscal year. While our Automotive segment is expected to be down slightly, most of it is timing related and we have new programs slated to begin towards the end of our Fiscal year. We were also awarded another $45 million in new contracts during the second quarter, bringing the total value of OEM awards received over the past three quarters to approximately $380 million.”



see the chart below




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