Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
FORT LAUDERDALE, Fla., Oct. 9, 2017 /CNW/ -- The Singing Machine Company (OTCQX: SMDM), based in Florida, focused on consumer karaoke equipment and accessories today announced that the October 5 presentation from Gary Atkinson, Chief Executive Officer, is now available for on-demand viewing at VirtualInvestorConferences.com.
The Singing Machine Company's presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Recent Company Highlights
- The "Company" reported net sales of $3.9 million for the June 30, 2017 quarter.
- The Company reported net sales of $52.9 million for the latest fiscal year end results; EBITDA over $3 million.
- 2017 second quarter results show that gross margin improved by 3.9% from 23.5% to 27.4%
- The Singing Machine Company announced a new partnership with Antares Audio Technologies, a leader in vocal pitch correction software in August 2017.
- Singing Machine announced new distribution with Best Buy stores for 2017 holiday season.
About The Singing Machine Company
Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products.The first to provide karaoke systems for home entertainment in the United States, the Company sells its products worldwide through major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening, entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and access to over 13,000 songs for streaming and download. Singing Machine products are sold through most major retailers in North America and also internationally. See www.singingmachine.com for more details.
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
SOURCE The Singing Machine Company
For further information: The Singing Machine Company, Name Brendan Hopkins, Title Investor Relations, Phone 407-645-5295, Email [email protected]; VirtualInvestorConferences.com, John Viglotti, VP, Investor Relations Products and Services, Cision / PR Newswire / MultiVu, 350 Hudson Street | 3rd Floor | New York, NY 10014, Phone 201 360 6767 | Mobile 212 729 8350, [email protected]