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Info Sonics Corp history
Info Sonics Corp company history timeline
In 2005 it purchased Primasel S.A., a distributor of Samsung products primarily in Argentina.
2006 was also the year it began to develop its own wireless handsets under the verykool brand.
The company followed up with a secondary stock offering in 2006, offering 2.2 million shares.
InfoSonics entered into an agreement with Ingram Micro in December 2012 for the distribution of its verykool brand to customers in the United States.
The company had a 48% gross profit in the 4th quarter compared to 2012 with operating expenses declining 26% for the same period.
InfoSonics Corporation reported a second consecutive quarter of profitability after 2013 4th quarter results were announced.
It continued to increase sales by year-end 2014, bringing in $48.1 million, a 27% increase from the prior year.
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Info Sonics Corp may also be known as or be related to Info Sonics Corp and Info. Sonics Corp.