Koss Corporation Releases First Quarter Results [Yahoo! Finance]
Koss Corporation (KOSS)
US:NASDAQ Investor Relations:
kosscorporation.gcs-web.com/investor-relations
Company Research
Source: Yahoo! Finance
Net sales for the first quarter ended September 30, 2024 were $3,201,868 compared to $3,373,938 for the same period in the prior year, a decline of $172,070 or 5.1%. The net loss for the three months ended September 30, 2024 was $419,535 compared to a net loss of $257,609 for the first quarter of the prior fiscal year. Basic and diluted loss per common share for the first quarter of fiscal year 2025 was $0.05 compared to basic and diluted loss per common share of $0.03 for the comparable three-month period one year ago. “Sales to our domestic distributors were down versus the prior year mainly due to timing of orders. We also saw a decline in sales to our Education and Music customers,” Michael J. Koss, Chairman and CEO, said today. “Backed by the launch of the next generation Porta Pro Wireless 2.0 in September 2024, sales to our two largest European distributors surpassed last year's levels by over 30%. The Company also had an increase in Direct-to-Consumer (DTC) sales compared t
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KOSS
News
- Koss Corporation Releases First Quarter ResultsGlobeNewswire
KOSS
Sec Filings
- 12/16/24 - Form 4
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- KOSS's page on the SEC website