Koss Corp. Releases Second Quarter Results
Koss Corporation (KOSS)
US:NASDAQ Investor Relations:
kosscorporation.gcs-web.com/investor-relations
Company Research
Source: GlobeNewswire
MILWAUKEE, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ:KOSS), the U.S. based high-fidelity headphone company, has reported its second quarter results for the quarter ended December 31, 2017. Sales for the second quarter were $5,883,877, which is a 12.02% decrease from sales of $6,687,797 for the same three month period one year ago. The three month net loss was $2,937,721, compared to net income of $140,112 for the second quarter last year. Diluted and basic loss per common share for the quarter was $0.40 compared to income per common share of $0.02 for the three month period one year ago. "With the reduced corporate tax rate in the new tax law, we recorded a significant tax expense to write down deferred tax assets to their future expected value at the new tax rate in addition to increasing the valuation allowance for deferred taxes," Michael J. Koss Chairman and CEO said today. "This tax expense was approximately $3 million even though we had income before ta
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KOSS
News
- Koss Co. (NASDAQ: KOSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Koss Co. (NASDAQ: KOSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Koss Co. (NASDAQ: KOSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Koss Co. (NASDAQ: KOSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Koss Co. (NASDAQ: KOSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
KOSS
Sec Filings
- 2/2/24 - Form 10-Q
- 2/1/24 - Form 8-K
- KOSS's page on the SEC website