U.S. Stock Market News | Q4 Loss Narrows, Koss Surges Over 9.5%
On Thursday, Koss saw its stock price rise, with the stock up over 9.5% to $7.32 as of the time of writing. The company reported a loss of 1 cent per share for the fourth quarter of the 2024 fiscal year, narrowing from 3 cents in the fourth quarter of the 2023 fiscal year. The company's net loss for this quarter was $100,000, down from $300,000 in the same period last year. Revenue for this quarter decreased from $3.1 million in the same period last year to $2.9 million, a decrease of 5.9%
According to the VETEK Finance APP, on Thursday, Koss Electronics (KOSS.US) saw its stock price rise, with the stock up over 9.5% to $7.32 at the time of publication. The company reported a loss of 1 cent per share for the fourth quarter of the 2024 fiscal year, narrowing from 3 cents in the fourth quarter of the 2023 fiscal year. The company's net loss for this quarter was $100,000, down from $300,000 in the same period last year. Revenue for this quarter decreased from $3.1 million in the same period last year to $2.9 million, a decrease of 5.9%