IEC Electronics (IEC) Tops Q3 EPS by 9c
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IEC Announces Fiscal 2015 Third Quarter Revenue Growth
August 5, 2015 8:34 AM EDTNEWARK, NY -- (Marketwired) -- 08/05/15 -- IEC Electronics Corp, (NYSE MKT: IEC) today announced results for the third quarter and nine months ended June 26, 2015.
For the third quarter of fiscal year 2015, the Company recorded revenue of $34.4 million, an increase of 4% as compared to revenue of $33 million during the third quarter of the last fiscal year and an increase of 5% sequentially compared to the second quarter of 2015. Gross profit margin for the third quarter improved to 13.7% as compared to 11.5% in the same quarter last year. Selling and administrative expenses, excluding restatement and related expenses, increased... More
