Koss Corporation Releases Second Quarter Earnings

MILWAUKEE, Jan. 26, 2017 (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, 2016.

"It was a difficult quarter with softening of sales to Scandinavia and Asia as well as certain European markets. The declines were partially offset by strong sales in the export OEM business as well as improved sales in the U.S.," Michael J. Koss, Chairman and CEO, told employees here today. "Earnings were negatively impacted by this change in sales mix."

Sales for the second quarter were $6,687,797, which is a […]

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