AVX Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
For the nine months ended December 31, 2013, net sales were $1,091.4 million and net income was $87.9 million, or $0.52 per basic and diluted share. For the same period last year, the company reported net sales of $1,053.85 million and net loss of $88.88 million or $0.53 per basic and diluted share. Profit from operations were at $116.17 million against loss of $154.5 million reported last year. Non-GAAP net income was at $87.91 million or $0.52 per basic and diluted share against $77.52 million or $0.46 per basic and diluted share reported last year. Loss before income taxes was $149,689 million compared to income before income taxes of $119,043 million a year ago.