AVX Corporation Announces Preliminary Fourth Quarter and Fiscal Year Results
AVX (AVX)
Last avx earnings: 1/23 08:30 am
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US:NYSE Investor Relations:
investorrelations.avx.com
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Source: Business Wire
FOUNTAIN INN, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the fourth quarter and fiscal year ended March 31, 2018. Chief Executive Officer and President, John Sarvis, stated, “We completed the fourth quarter of our fiscal year with net sales of $446.6 million, reflecting an increase over both the previous quarter and the same quarter in the prior year. These results include sales of $102.8 million in our Interconnect, Sensing and Control segment and $12.7 million in our Electronic Components segment attributable to our acquisitions of the AB Electronic sensing and control business and Ethertronics, respectively. Market conditions continued to be strong, resulting in healthy product demand in most of the markets we serve.” During the quarter, AVX completed its purchase of Ethertronics, Inc. (“Ethertronics”), a privately held manufacturer of passi
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