Wayne County’s IEC Electronics Corp. this week reported an 18 percent increase in second-quarter revenues and a 127-percent increase in net income. For the quarter ended March 27, IEC posted revenues of $44.2 million, compared with $37.3 million in the ...
Tagged with: Earnings iec manufacturing
Read More »
Newark’s IEC Electronics Corp. has been awarded a $15 million contract from a top global defense contractor. The multi-year contract is a low rate initial production contract, officials said. “We are energized to have been selected for this contract with ...
Tagged with: contracts defense iec iec electronics
Read More »
Wayne County’s IEC Electronics Corp. will begin trading on the Nasdaq Global Market under the symbol IEC beginning Jan. 2, the company announced. The Newark company, which provides electronic manufacturing services to advanced technology companies, will continue to trade on ...
Read More »
Newark’s IEC Electronics Corp. on Wednesday reported a 35 percent increase in third-quarter revenues, beating Street estimates. For the third quarter ended June 28, the Wayne County manufacturer reported sales of $40.3 million, up from $29.8 million for the year-ago ...
Tagged with: Earnings iec schlarbaum
Read More »
IEC Electronics Corp. broke ground Thursday on a 150,000-square-foot headquarters and manufacturing facility in the Wayne County town of Newark. Since the $22 million project was announced last year, IEC has added 175 staffers. The company employs nearly 900. The ...
Tagged with: groundbreaking iec jeffrey schlarbaum manufacturing
Read More »
IEC Electronics Corp. has been awarded a top global defense company contract worth more than $50 million. The multiyear contract is for a program the Newark manufacturer has supported for several years from a single service line. The new contract ...
Tagged with: contracts department of defense iec
Read More »
IEC Electronics Corp. posted mixed second-quarter results on Wednesday, beating Street estimates on revenue, but missing on earnings. For the quarter ended March 29, the Wayne County manufacturer reported revenues of $37.3 million, a more than 17 percent increase from ...
Read More »
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 ...
Read More »
IEC Electronics Corp. has tapped a Xerox Corp. veteran to serve as its new CFO and senior vice president of finance. Thomas Barbato spent 23 years in high level finance and operational positions at Xerox, most recently serving as vice ...
Read More »
IEC Electronics Corp. last week reported a drop in third quarter earnings, missing Street estimates. For the third quarter ended June 29, the Newark, Wayne County, electronic contract manufacturing services provider reported revenues of $29.8 million, a 12 percent increase ...
Tagged with: Earnings iec iec electronics
Read More »
IEC Electronics Corp. on Wednesday reported a 49 percent increase in revenues for the second quarter and a 21-cent rise in per-share earnings, beating Street estimates. For the second quarter ended March 30, the Newark, Wayne County, electronic contract manufacturing ...
Read More »
IEC Electronics Corp. will invest more than $20 million to construct a state-of-the-art facility in Newark, Wayne County. The electronic manufacturing solutions provider plans to create up to 362 new jobs and retain 463 positions at the 150,000-square-foot facility to ...
Tagged with: economic development iec Wayne County
Read More »
Shares of IEC Electronics Corp. stock (NYSE: IEC) are trending upward in the second half of February, despite a first-quarter net loss announced earlier this month. IEC shares were trading at $4.06 midday Wednesday, up from $3.68 on Feb. 6, ...
Read More »
Rochester Business Journal Leading source of business news and information in Rochester, N.Y.