AVX Corp. (AVX) Misses Q2 EPS by 1c
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AVX Corporation Announces Preliminary Second Quarter Results
October 27, 2015 8:30 AM EDTGREENVILLE, S.C.--(BUSINESS WIRE)-- AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the second quarter ended September 30, 2015.
Chief Executive Officer and President, John Sarvis, stated, We completed our second quarter of the fiscal year with net sales of $304.4 million for the quarter, generally in line with expectations. Solid operating results continued with gross profit of $71.8 million, or 23.6%, reflecting our focus on the sale of higher margin value-added components coupled with cost control. Orders for our components and interconnect devices continued to reflect our customers cautious expectations for end market... More
