secwatch.observer — SEC 8-K summary
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Issuer:     KOSS CORP (KOSS)
CIK:        0000056701
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000056701-22-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koss Q3 net income nearly doubles to $403k; sales up 16% to $4.63M
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- Diluted EPS of $0.04 vs loss of $0.06 per share in prior-year quarter.
- Nine-month sales down 5% to $13.4M; net income $883k vs $162k a year ago.
- Gross margin improved from shift away from mass retail to DTC online sales.
- Supply chain disruptions and energy cost inflation partially offset margin gains.
- CEO cites inconsistent COVID-19 global response and war in Eastern Europe as headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56701/000005670122000011/0000056701-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56701/000005670122000011/koss-20220505x8k.htm
  HTML page:      https://secwatch.observer/filing/0000056701-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer