Koss Corporation Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
August 19, 2021 at 05:15 pm EDT
Koss Corporation announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced sales was USD 5.420 million compared to USD 3.948 million a year ago. Operating income was USD 331,042 compared to USD 153,623 a year ago. Net income was USD 331,943 compared to USD 158,238 a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago. For the full year, sales was USD 19.546 million compared to USD 18.311 million a year ago. Operating loss was USD 390,492 compared to USD 484,042 a year ago. Net income was USD 493,594 compared to net loss of USD 465,597 a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.