YOU ARE AT:Archived ArticlesAudiovox may have to restate results

Audiovox may have to restate results

HAUPPAUGE, N.Y.-Mobile-phone maker Audiovox Corp. postponed its quarterly conference call and said it will delay the filing of its annual report due to the possibility that it may have to restate its corporate results.

The company reported unaudited net sales for the fourth quarter of $317.2 million, and an unaudited net loss of $12.4 million. The company’s stock was down 8 percent to about $7.80 per share.

ABOUT AUTHOR