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Masimo Reports Fiscal 2025 Q2 Results: Revenues +8%, Op Profits +54%, EPS +78%; So Why Did Its Stock Drop 12%?

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From the Masimo website

Sound United Sale to Harman is Still on Track for Year-End

After markets closed on Tuesday, Masimo Corporation [Nasdaq: MASI] released its results for the second quarter of Fiscal Year 2025, and to my eyes, they looked really solid. Revenues grew by a respectable 8%, operating profits grew by 54%(!), operating margins improved by 520 basis points (that’s 5.2% more than last year), and earnings per share shot up an eye-popping 78%(!) What’s not to like?

Yet on Wednesday, the first trading day after these results were announced, the value of MASI shares actually dropped 12%! What?!?!

See more on the Q2 Masimo results and the market reaction…

[Read more…] about Masimo Reports Fiscal 2025 Q2 Results: Revenues +8%, Op Profits +54%, EPS +78%; So Why Did Its Stock Drop 12%?

Harman Hits Voxx Int’l & Klipsch Group with Major 13-Count Lawsuit

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Cover page of Harman v. Voxx and Klipsch

Something tells me these companies – Harman International Industries, Inc. and Voxx International Corp/Klipsch Group, Inc. aren’t going to be friends…or even friendly. I have learned that Harman has filed a significant 13-count patent infringement lawsuit against Voxx/Klipsch for copying its patented JBL PartyBox line in the creation of the Klipsch Gig XXL party speaker line.

Harman says Voxx/Klipsch continued its allegedly unlawful actions even after being notified of the infringement by Harman back in the fall of 2023.

Learn all about Harman v. Voxx et al…

[Read more…] about Harman Hits Voxx Int’l & Klipsch Group with Major 13-Count Lawsuit

Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm

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Sound United has been acquired by Harman

Last week, Masimo Corporation (Nasdaq: MASI) finally announced the long-anticipated sale of its Masimo Consumer division – the audio division created after its acquisition of Sound United back in February 2022 – to Harman International Industries Incorporated. Harman is a division of Samsung Electronics with a large automotive electronics business, along with professional audio and high-end audio businesses as well.

But is this truly a good home for Sound United?

Learn more about Harman acquiring Sound United from Masimo

[Read more…] about Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm

Harman’s Mark Levinson Brand Launches Lower Cost 5000 Series; Seeks Expansion into Broader Market

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Lifestyle photo showing LPs and turntable in a home

Last week, in dramatic fashion, Harman (part of Samsung) brand Mark Levinson announced the launch of an entirely new 5000 series family of products, whose lower price tag is designed to appeal to an expanded share of the market of audio enthusiasts. In a combination of well-produced video segments, coupled with live presentations to the industry media, Harman executives laid out their vision for the brand and presented the details of the engineering and craftsmanship behind their new line of electronics and sources that included a preamp, power amp, turntable and streaming SACD player

Learn more about the new Mark Levinson 5000 Series…

[Read more…] about Harman’s Mark Levinson Brand Launches Lower Cost 5000 Series; Seeks Expansion into Broader Market

Samsung Starts Selling Harman Audio Brands in South Korea

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Harman International logoThis past Tuesday, Samsung Electronics began launching Harman audio brands in South Korea through their company owned locations. According to the Korean press, Samsung is “looking for business synergy” by combining its strength in distribution network, marketing, and world-class service, with Harman’s strength in manufacturing competitive audio products. It is an initiative, the local media says, that is expected to “have significant impact on South Korean audio markets.”

See more on Samsung’s Harman audio strategy in Korea… [Read more…] about Samsung Starts Selling Harman Audio Brands in South Korea

Factory Tour: James Loudspeaker, The Inside Story

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James Loudspeakers' BuildingFactory Tour Shows James Loudspeaker To Be More Than You Realized

In our work lives, we all try to project the most positive image of ourselves. Sometimes the only way to really get to known someone is to visit them in their home. Here, you can find a lot of clues to their true selves.

So it is with companies as well. Polished marketing and great looking products can give you an impression of a large, professional, smoothly-running operation. But, as we can attest from direct experience, that simply is not always the case.

And sometimes, as in the case of James Loudspeaker, you get surprised.

See James Loudspeaker in a whole new light… [Read more…] about Factory Tour: James Loudspeaker, The Inside Story

AVAD Sold to Private Equity Company

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BREAKING NEWS

Industry Veteran Tom Jacoby is AVAD’s New CEO

New AVAD logoNews comes this 4th of July holiday week that Ingram Micro, itself just recently acquired by a Chinese shipping company, has sold off AVAD, LLC and AVAD Canada Ltd., to Kingswood Capital Management, a private equity company. In an announcement from Kingswood, the company says it has brought in a new upper management team – including a new CEO, industry veteran Tom Jacoby.

See more on the sale of AVAD to private equity… [Read more…] about AVAD Sold to Private Equity Company

Harman Acquires Headphone Maker Yurbuds

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Yurbuds logoHarman International Industries, Inc. announced today that is has acquired St. Louis-based Yurbuds, LLC., a manufacturer of headphones. Terms of the transaction were not disclosed. The acquisition seems surprising, given the fact that Harman already owns brands such as JBL and AKG that already offer headphones.

Why would a company that already offers headphones, acquire a headphone company? See more… [Read more…] about Harman Acquires Headphone Maker Yurbuds

Harman Takes Control; Acquires AMX

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Harman International logoThe release came across the wire at 8:00AM this morning and caught the industry totally off-guard – Harman International Industries, Inc. announced that it has signed an agreement with privately-held The Duchossois Group, Inc. to acquire its AMX, LLC subsidiary for $386 million. The move was not an immediately obvious one for Harman, which has been largely focused on building its automotive electronics division into a worldwide powerhouse.

But Harman did say it had a reason for taking this dramatic step… [Read more…] about Harman Takes Control; Acquires AMX

Seeing Through to the Essence of ClearView

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Photo of new ClearView ClioSometimes making no impression is the way to make the biggest impression of all! Massachusetts-based ClearView® Audio (www.clearviewaudio.com/) launched an innovative transparent music system at CES 2014 and is enjoying a great response from dealers, domestic and international. Called Clio, this first product stands just over 9 inches tall, streams over Bluetooth, and has an MSRP of $349. [Read more…] about Seeing Through to the Essence of ClearView