TV Antennas Boost Audiovox Sales

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Audivox Corporation reported its fiscal 2010 second quarter and six month results last week. The company said accessories sales for the first six months of fiscal 2010 were $86.7 million, a 30.5 percent increase over the $66.4 million sales reported in the comparable fiscal year period.

Audiovox noted that the increase was primarily driven by new customers and higher sales resulting from the move from analog to digital TV broadcasting. The company’s electronics sales figures, including both mobile and consumer electronics, showed a decline.

“New programs with FLO TV, Sony Playstation and Sirius XM and the incremental revenues from the recent acquisition of Schwaiger should help offset some of the market weakness,” said Patrick Lavelle, Audiovox’s CEO. “Despite lower sales, we believe our market positions have improved, and our portfolio of brands and distribution has never been stronger. We continue to look at acquisition opportunities and remain well financed to take advantages of opportunities as they arise. Issues still remain, but the long-term future for this company is bright.”

Doug Lung
Doug Lung
Contributor

Doug Lung is one of America's foremost authorities on broadcast RF technology. As vice president of Broadcast Technology for NBCUniversal Local, H. Douglas Lung leads NBC and Telemundo-owned stations’ RF and transmission affairs, including microwave, radars, satellite uplinks, and FCC technical filings. Beginning his career in 1976 at KSCI in Los Angeles, Lung has nearly 50 years of experience in broadcast television engineering. Beginning in 1985, he led the engineering department for what was to become the Telemundo network and station group, assisting in the design, construction and installation of the company’s broadcast and cable facilities. Other projects include work on the launch of Hawaii’s first UHF TV station, the rollout and testing of the ATSC mobile-handheld standard, and software development related to the incentive auction TV spectrum repack. A longtime columnist for TV Technology, Doug is also a regular contributor to IEEE Broadcast Technology. He is the recipient of the 2023 NAB Television Engineering Award. He also received a Tech Leadership Award from TV Tech publisher Future plc in 2021 and is a member of the IEEE Broadcast Technology Society and the Society of Broadcast Engineers.