Avx Corp. Reports Earnings Results for the Third Quarter Ended December 31, 2018
January 24, 2019 at 08:00 am EST
AVX Corp. announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced sales was USD 442.395 million compared to USD 431.795 million a year ago. Operating income was USD 89.556 million compared to USD 45.331 million a year ago. Net income was USD 74.297 million compared to net loss of USD 93.212 million a year ago. Basic earnings per share was USD 0.44 compared to basic loss per share of USD 0.55 a year ago. For the nine months, sales was USD 1,352.839 million compared to USD 1,115.842 million a year ago. Operating income was USD 243.211 million compared to USD 132.548 million a year ago. Net income was USD 202.329 million compared to net loss of USD 26.910 million a year ago. Basic earnings per share was USD 1.2 compared to basic loss per share of USD 0.16 a year ago.