Audiovox Corp. and FLO TV Incorporated announced that the company will begin supplying Chrysler Dealers through Mopar� with the first OE hardware interface that will deliver FLO TV(TM) Auto Entertainment to select Chrysler 2010 vehicles and future vehicles. The company manages its OE group from a dedicated facility in Detroit, which is focused on delivering the latest in consumer trends and demands to OEM Production Modification Centers, Vehicle Personalization Centers and Port of Entry as well as supporting OE Supplier Ship Direct Programs directly to OE Dealerships. The company is actively engaged in the development of Tier -1 vehicle production level programs with a variety of vehicle manufacturers. The FLO TV service is live mobile TV with the capacity for up to 20 channels with something for everyone: college and professional sports, breaking news, children's shows, primetime sitcoms, reality TV and daytime dramas. The hardware solution is universal and works with the company supplied OE headrest DVD and Seat Top solutions. In addition the hardware solution can integrate with factory rear seat entertainment system. Up to 20 channels will be available in late December when FLO TV(TM) Auto Entertainment is available for dealer installation. By the end of 2009, FLO TV(TM) Auto Entertainment should be available in more than 100 major markets and many interstate driving corridors, providing service coverage for more than 200 million potential customers. The FLO TV service is not available in some rural areas. The company will supply the hardware for the FLO TV(TM) Auto Entertainment system that integrates with the vehicles' existing entertainment systems and Mopar 7-inch DVD screen systems. A small antenna, similar in size to a laptop mouse, is mounted on a vehicle's roof to deliver the digital TV signal. The receiver and wiring are installed under the interior trim of the vehicle and are not visible to occupants. User-friendly wired and wireless remote controls allow viewers to easily surf channels, similar to TV systems at home.

Audiovox Corp. reported unaudited consolidated earnings results for the second quarter and six months ended August 31, 2009. For the quarter, the company reported net sales of $124.9 million compared to net sales of $147.2 million reported in the prior year period, a decrease of 15.2%. Pre-tax income was approximately $1.2 million compared to a pre-tax loss of $4.0 million in the comparable year-ago period. Net income was $2.8 million or earnings per diluted share of $0.12 compared to a net loss of $2.3 million or a loss per diluted share of $0.10 in the three months ended August 31, 2008. Operating income was $0.8 million compared to operating loss of $4.1 million for the same period of last year. For the six months, the company reported net sales of $244.7 million compared to net sales of $291.8 million in the comparable fiscal 2009 period, a decrease of 16.1%. Pre-tax income was approximately $2.0 million compared to a pre-tax loss of $11.1 million in the comparable year-ago period. Net income was $3.2 million or earnings per diluted share of $0.14 compared to a net loss of $7.5 million or a loss per diluted share of $0.33 in the six months ended August 31, 2008. Operating income was $1.1 million compared to operating loss of $12 million for the same period of last year.

Audiovox Corp. expected to Report Q3 2010 Results on January 4, 2010. This event was calculated by Capital IQ (Created on October 13, 2009).