VOXX - VOXX International Is Finally Turning The Corner - Buy With Both Hands

• Company reports strong second-quarter results with an almost 65% sequential sales increase and decent profitability.
• Exceptional performance of the Premium Audio sub-segment with revenues doubling quarter-over-quarter. Based on projected H2 results, the business could be worth $15 per VOXX common share alone.
• Automotive business has been bolstered by recent acquisitions and is now expected to double sales within the next three years. Amazon Fire TV Collaboration has contributed to OEM customer wins.
• Material Eyelock biometrics contract likely to be announced soon, strategic review for the business remains ongoing.
• Buy with both hands with at least 50% short-term upside. Investors should use any near-term weakness to build positions ahead of an anticipated very strong second half.

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