Koss Corporation Reports Earnings Results for the Third Quarter Ended March 31, 2021
Koss Corporation announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was USD 3.987 million compared to USD 4.789 million a year ago. Operating loss was USD 854,063 compared to USD 97,900 a year ago. Net loss was USD 474,168 compared to USD 97,373 a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.01 a year ago. For the nine months, sales was USD 14.125 million compared to USD 14.362 million a year ago. Operating loss was USD 721,534 compared to USD 637,665 a year ago. Net income was USD 161,651 compared to net loss of USD 623,835 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.08 a year ago.