VOXX International Corp.

Earnings April 10, 2019

Sales soar, but MSC can’t manufacture a winning 2Q

MSC INDUSTRIAL SUPPLY CO. Headquarters: Melville Industry: Capital goods NYSE: MSM Reporting Date: April 10, 2019 Reporting Quarter: 2Q FY2019 Quarter Ended: March 31, 2019 Numbers: Net second-quarter sales were reported as $823 million, a 7 percent increase over the $769 million reported for the same quarter last fiscal year. However, quarterly net income declined sharply year-over-year, down 41.8 percent to $68.4 million, and diluted earnings per share followed, dropping 39.8 percent to $1.24….

Newsletters February 1, 2019

No. 377: Loosing fateful lightning, reshaping SBU’s innovation ecosystem and (sadly) remembering the Islanders fisherman

That happened fast: Welcome to Friday, dear reader, and welcome to February – one month down already! It’s Feb. 1 out there, which means a) Tom Brady is gearing up somewhere for another ill-gained Super Bowl, and b) It’s National Freedom Day in the United States, honoring Abraham Lincoln’s signing of a resolution that later became the slavery-busting 13th Amendment. Not coincidentally: It’s also the start of U.S. Black History Month, so designated by…

Newsletters October 19, 2018

No. 350: Digitizing real estate, battening down Long Island’s hatches and getting your Guptas straight

Couldn’t have said it better: You’ve done it, intrepid reader – the end of another busy workweek is nigh and another autumn weekend looms. To set the mood, please enjoy 81 famous, semi-famous and not-famous-just-awesome Friday quotes. It’s Oct. 19 out there, marking the 2,220th anniversary (give or take) of the Second Punic War’s pivotal Battle of Zama, which was fought on this date (or thereabouts) in the year 202 BC (they think). Whenever…

Newsletters January 19, 2018

No. 274: Out-of-the-Voxx thinking, a literal lightbulb moment, an Amazonian longshot and making waves in Hauppauge

The end of the tunnel (and lights): Welcome to the blessed end of another work week. Today is Jan. 19 and the 135th anniversary of the first-ever electric lighting system employing overhead wires – Thomas Edison’s novel system started juicing Roselle, NJ, on this date in 1883. Speaking of bright ideas: The neon tube light was patented on this date, by inventor George Claude (1915), and the granddaddy of wordy board games, Scrabble, made its…

IT January 18, 2018

Hauppauge innovator ups its video-surveillance game

By GREGORY ZELLER // Making good on a promise by CEO Pat Lavelle, Voxx International Corp. has unveiled a new line of “innovative public safety products” focused heavily on video surveillance. In reporting the Hauppauge-based manufacturer and global distributor’s third-quarter FY2018 financial results Jan. 9, Lavelle noted “several new product introductions on the horizon across all of our business segments.” Voxx International quickly followed up, kicking off 2018 with the release of new dashboard-mounted cameras,…

Newsletters January 17, 2018

No. 273: Legalizing pot in NY, hacking with Homeland Security and new growth for Broadridge, Digital Donations and a CA spinoff

Marching on: Welcome to another week of Long Island innovation, and to what is actually a red-letter date in African-American history. While historical icons including Augustus Caesar, Christopher Columbus and Dwight Eisenhower all surface on Jan. 17, in honor of Monday’s Martin Luther King Jr. Day celebration, let’s spotlight Sherman’s Field Order No. 15, issued this date in 1865 by Union General William T. Sherman following his legendary March to the Sea. The order confiscated…