Tweet

Audiovox Revises Fis. '01 Financials

Staff -- TWICE, 4/1/2002

Hauppauge, N.Y. — Audiovox has revised its previously released financial results for fiscal 2001. As a result of current market conditions, the company has recorded an additional net charge of $1.2 million relating to its wireless inventory.

Net loss for the fourth quarter was $3.5 million, compared with net income of $5.1 million in the fourth quarter of 2000.

For the 12 months ended Nov. 30, net loss was $8.2 million, compared with net income of $27.2 million in fiscal 2000.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

No related content found.

Also by this author

• Soul Electronics Presents Awards To Wayman, Huppin's

• SED Reports Higher Fiscal Q2 Profits

• Apple Petitioned On Working Conditions

• McCartney To Star In JBL Grammy Ad, Campaign

• Logitech Intros Touch Mouse M600

» MORE

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Vorsis

  

  Vorsis is a division of Wheatstone Corporation.

---

Most Recent Resources

• Bicycles & eCommerce
• Benchmark Study of Shopatron Retailers
• Web 2.0: Engaging Customer Passion
• A Branded Manufacturers Guide to Holiday eCommerce Success
• Maximise Content Delivery Performance