Koss Fourth Quarter Net Sales Up 26.5%; Annual Net Sales in 2011 Exceed Prior Year
MILWAUKEE, WI — (Marketwire) — 08/30/11 — Koss Corporation (NASDAQ: KOSS), the U.S. based high-fidelity stereo headphone company, has reported its fiscal year end and fourth quarter earnings for the period ended June 30, 2011.Net sales for the fourth quarter increased by 26.5% to $10,265,532 compared to $8,113,392 in 2010. Net income for the fourth quarter was $1,787,397 compared with a loss of $423,450 for the same quarter last year. Income per share was $0.24 for the fourth quarter compare