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Audiovox (VOXX): FQ1 EPS of -$0.20 misses by $0.27. Revenue of $194M (+17.4% Y/Y) misses by...

Audiovox (VOXX): FQ1 EPS of -$0.20 misses by $0.27. Revenue of $194M (+17.4% Y/Y) misses by $13M. Shares -14.3% AH. (PR)
Comments (3)
  • pat45
    , contributor
    Comments (284) | Send Message
     
    bot VOXX in AH. VOXX actualy BEAT exp earns. VOXX earned .16 v .07 exp but it had a litigation and aquisition charge of $8.4 million which caused loss. Expectaions are unchanged - only altered by the charge. Stated book value of $20 is actually closer to $8 after deducting intangables.
    10 Jul 2012, 05:36 PM Reply Like
  • Deepv
    , contributor
    Comments (376) | Send Message
     
    Revenue missed and insiders have been sellers
    10 Jul 2012, 06:29 PM Reply Like
  • pat45
    , contributor
    Comments (284) | Send Message
     
    Afew VOXX insiders were sellers months ago when stock was 14.5-13.5. We will see what happens. I am expecting market to fall --but VOXX has been killed and did have good earns.
    10 Jul 2012, 08:18 PM Reply Like
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