Koss Corporation Reports Earnings Results for the Second Quarter Ended December 31, 2019
January 30, 2020 at 05:19 pm EST
Koss Corporation announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was USD 4.162 million compared to USD 5.411 million a year ago. Operating loss was USD 222,618 compared to operating Income of USD 103,149 a year ago. Net loss was USD 215,713 compared to net income of USD 103,149 a year ago. Basic loss per share was USD 0.03 compared to basic earnings per share of USD 0.01 a year ago. For the half year, sales was USD 9.573 million compared to USD 11.196 million a year ago. Operating loss was USD 539,764 compared to operating Income of USD 144,744 a year ago. Net loss was USD 526,462 compared to net income of USD 144,719 a year ago. Basic loss per share was USD 0.07 compared to basic earnings per share of USD 0.02 a year ago.