Voxx International

VOXX International Corporation
Public (NASDAQ: VOXX)
Founded 1965
Founder John J. Shalam
Headquarters 150 Marcus Blvd.
Hauppauge, New York
Key people
 John J. Shalam, Chairman
Patrick M. Lavelle, President, CEO
Charles M. Stoehr, CFO
Products Consumer electronics
Mobile electronics
Accessories
Premium High End Audio
Revenue DecreaseUS$757.4M (FY 2015)[1]
DecreaseUS$16.59M (FY 2015)[1]
DecreaseUS$-0.942M (FY 2015)[1]
Total assets DecreaseUS$677.5M (FY 2015)[1]
Total equity DecreaseUS$396.1M (FY 2015)[1]
Number of employees
 2,100 (FY 2015)[1]
Website www.voxxintl.com

Voxx International is an small American consumer electronics company founded as Audiovox Corporation in 1965 and renamed Voxx in 2012. It is headquartered in Hauppauge, New York. The company specializes in four areas: OEM and after-market automotive electronics, consumer electronics accessories, and consumer and commercial audio equipment.

Voxx International over the years has purchased a number of recognizable brandnames when the original companies were no longer viable as independent specialty shops, including Acoustic Research, Advent, Code Alarm, Invision, Jensen, Klipsch, Prestige, RCA, 808 Audio, and Terk, among others. Its international brands include: Hirschmann, Heco, Incaar, Oehlbach, Mac Audio, Magnat, Audiovox Germany, and Schwaiger, among others. In addition the company licenses the Energizer brand.

Company Brands

Audiovox Corporation markets its products under the Audiovox brand name and other brand names, including:

VOXX International Corp also distributes private labels through a domestic and international distribution network. The Company also functions as an original equipment manufacturers (OEM) supplier to major automobile manufacturers.

Product types

Electronics

Audiovox Painting

Audiovox products include mobile multi-media video products, including in-dash, OE radio, overhead, headrest and portable mobile video entertainment systems; autosound products, including radios, speakers, and amplifiers; satellite radios, including plug and play models and direct connect models; automotive security and remote start systems and smartphone interface modules; automotive power accessories; rear observation and collision avoidance systems; lane departure and forward collision systems, personal Navigation devices, and portable DVD players.

Accessories

Accessories products include high-definition television HDTV Antennas; WiFi antennas; high-definition multimedia interface HDMI accessories; home electronic accessories, such as cabling; other connectivity products; power cords; performance enhancing electronics; Powerline connect system, television universal remotes; fun time karaoke singing chipmunk machine, flat panel television mounting systems; iPod specialized products; wireless headphones; rechargeable battery backups (UPS) for camcorders, cordless phones and portable video (DVD) batteries and accessories as well as digital camcorders, MP3 players, Internet Radio products, digital voice recorders, clock radios, digital picture frames, under-the-cabinet TVs and home and portable shelf systems.

In 2013 Audiovox developed the app for a new accessory device called Shutterball.[2] Cellcom Communications holds the exclusive rights to the device.

Restatements

On March 14, 2003, Audiovox said it planned to restate results for the first three quarters of fiscal 2002, following a review of the effect of the FASB's Emerging Issues Task Force regulations on its statements. The restatement would lower revenue by about $462,000 and increase income by $36,000.[3] On April 15, 2003, Audiovox announced to restate results for fiscal years 2000, 2001, and the first three quarters of fiscal 2002.

References

  1. 1 2 3 4 5 6 VOXX FY2015 Annual Report
  2. ↑ Roy Furchgott (5 November 2013). "Taking a Better Selfie With an Audiovox App". The New York Times. Retrieved 6 November 2014.
  3. ↑ "Audiovox to Restate Results for Fiscal 2000, 2001 and the First Three Quarters of 2002".

External links

Wikimedia Commons has media related to Audiovox.
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