Advanced Ceramics / Ceramic Industry News

AVX Reports 8% Increase in Fiscal First Quarter

August 2, 2010
/ Print / Reprints /
/ Text Size+

AVX Corp. has reported preliminary unaudited results for its first fiscal quarter, ended June 30, 2010. Revenue for the quarter was $396.5 million, an 8% increase from the previous quarter and a 36% increase from the first quarter of last year. Gross profit margins improved for the eighth consecutive quarter to 26% in the current quarter, compared to 23% in the previous quarter and 19% in the same quarter last year. Net income was $52.3 million, or $0.31 per share, for the 2010 quarter.

“We are pleased to report first quarter results that reflect sequential improvement over the previous quarter in both revenue and margins, as we successfully leveraged the higher volumes with productivity improvements,” said John Gilbertson, president and CEO. “We are encouraged by the overall outlook for the electronic component industry as end user demand for electronic products continued to increase, as evidenced by the strong bookings we recorded during the quarter.”

For more information, visit

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!