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Cobra Electronics Corp Comments On Q2 2013 Operating Income And FY 2013 Earnings Guidance


Friday, 26 Apr 2013 08:00am EDT 

Cobra Electronics Corp expects to achieve a lower operating income in the second quarter of 2013 than in the second quarter of 2012 due to certain initial heavy load-ins of new Truck Navigation products that will not be repeated at the same level in 2013. However, the Company anticipates a higher level of profitability in fiscal 2013 as compared to fiscal 2012 as Cobra's business will be more successful in the current economic environment from the introduction of a variety of new products and planned expansion of distribution Worldwide in the remainder of this year. 

Company Quote

4.14
 +0.00%
30 Jul 2014