“VOXX is the parent company of EyeLock LLC, an iris recognition specialist that has seen some activity in the automotive market.”
VOXX International has set a date for the publication of its results for the third quarter of its 2021 fiscal year, ended November 30, 2020. The company will deliver the update after market close on Monday, January 11.
The update could offer some interesting insights into the emerging automotive biometrics market segment. VOXX is the parent company of EyeLock LLC, an iris recognition specialist that has seen some activity in the automotive market. A year ago, the subsidiary announced that its biometric technology would be used to secure an in-car payments platform offered by SiriusXM, enabling drivers to authorize purchases from the comfort of their vehicles, for things like road tolls, gas fill-ups, and drive-thru orders.
EyeLock’s activities represent an important component of VOXX’s overall business, with the parent company describing itself as a specialist in automotive and consumer electronics. VOXX also offers in-vehicle entertainment solutions and premium audio products, among other offerings through its portfolio of 35 brands.
VOXX’s Q3 update will be followed by a conference call slated to begin at 10:00 a.m. ET on Tuesday, January 12. Interested parties are invited to dial in, or to listen through the simultaneous webcast via the “Investor Relations” section of VOXX’s website.
The company says that a replay of the teleconference will be available about an hour after the end of the live call. Prospective investors and analysts will be invited to speak further with VOXX management after the call by getting in touch with the company’s Investor and Media Relations contact, Glenn Wiener.
January 5, 2020 – by Alex Perala