VOXX International Corporation Bottom Line Rises 49% In Q3

(RTTNews) - VOXX International Corporation (VOXX) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line rose to $8.64 million, or $0.35 per share. This was higher than $5.80 million, or $0.24 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.5% to $156.56 million. This was down from $157.41 million last year.

VOXX International Corporation earnings at a glance:

-Earnings (Q3): $8.64 Mln. vs. $5.80 Mln. last year. -Earnings Growth (Y-o-Y): 49.0% -EPS (Q3): $0.35 vs. $0.24 last year. -EPS Growth (Y-o-Y): 45.8% -Analysts Estimate: $0.14 -Revenue (Q3): $156.56 Mln vs. $157.41 Mln last year. -Revenue Change (Y-o-Y): -0.5%