Koss Corporation Q4 Net Sales Jump 37%, Closing Fiscal Year with a 7% Gain
Sales for the fourth quarter were $5,420,471, which is a 37.3% increase from sales of $3,948,968 for the same three month period one year ago.
- Sales for the fourth quarter were $5,420,471, which is a 37.3% increase from sales of $3,948,968 for the same three month period one year ago.
- The three month net income was $331,943, compared to net income of $158,238 for the fourth quarter last year.
- The net income for the fiscal year ended June 30, 2021, was $493,594 compared to net loss of $465,597 for the same period last year.
- Our gross margins increased by over a million dollars for the twelve months on a net sales increase of $1.2 million," Koss said.