earnings
confidence high
sentiment negative
materiality 0.55
Koss Q1 net loss widens to $0.05/share; sales down 5.1% to $3.2M
KOSS CORP
2025-Q1 EPS reported
-$0.05
revenue$3,201,868
- Net loss of $419,535 ($0.05 diluted EPS) vs $257,609 loss ($0.03) in prior year.
- Net sales declined 5.1% to $3.2M from $3.37M; domestic and education/music sales down.
- Gross margin improved to 36.6% from 31.6% on favorable mix, higher DTC and new product sales.
- European distributor sales up >30% driven by Porta Pro Wireless 2.0 launch; DTC sales also rose.
- Company recorded inventory write-off and expects freight rate increases to continue.