- Discussing the company's very strong Q3/FY2021 results and outlook.
- Exceptional performance of the Premium Audio sub-segment with revenues up more than 60% sequentially. The business could be worth $15 per VOXX common share alone.
- Automotive division has been bolstered by recent acquisitions and is expected to double sales within the next three years. Fire TV rear seat entertainment system to launch later this year.
- Material Eyelock biometrics contract now in the final stages, strategic transaction for the business apparently in the works.
- With shares having broken out to new twenty-year highs and potential Eyelock catalysts ahead, ongoing momentum might propel the stock even higher. That said, investors should be wary of the traditionally weaker Q4 results ahead.
For further details see:
VOXX International: Momentum Picks Up After Excellent Quarterly Results