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Home / Earnings / IEC improves sales, earnings in first quarter (access required)

IEC improves sales, earnings in first quarter (access required)

Sales at Newark’s IEC Electronics Corp. soared in its first quarter, as profit margin nearly doubled. For the quarter ended Dec. 29, The Wayne County manufacturer posted revenues of $35.4 million, up 68 percent from $21.2 million in the first quarter last year. Net income for the quarter was $1.1 million, up from a net loss ...

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