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IEC Electronics (IEC) Tops Q3 EPS by 4c

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IEC Announces Improved Profitability in Fiscal Third Quarter

August 10, 2016 8:30 AM EDT

NEWARK, NY -- (Marketwired) -- 08/10/16 --

Gross Profit Margin Improves to 16.8% Net Income of $1.6 Million with EPS of $0.16 Net Debt Reduction of $4.7 Million

IEC Electronics Corp. (NYSE MKT: IEC) today announced results for the fiscal third quarter and nine months ended July 1, 2016.

For the third quarter of fiscal 2016, the Company recorded net sales of $32.5 million, essentially flat as compared to net sales of $32.6... More