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Tag Archives: iec

IEC profits increase in Q1 (access required)

Wayne County’s IEC Electronics Corp. on Wednesday reported a first-quarter increase in sales and earnings. For the first quarter ended Jan. 1, the Newark manufacturer reported revenue of $47.5 million, up more than 6 percent from $44.7 million in the ...

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IEC continues to improve bottom line in Q4 (access required)

Newark’s IEC Electronics Corp. on Friday reported growth in fourth-quarter sales and earnings. For the quarter ended Sept. 30, the Wayne County manufacturer posted revenue of $46.4 million, up nearly 6 percent from year-ago revenues of $43.9 million. Net income ...

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IEC acquires Jetview Drive facility (access required)

IEC Electronics Corp. has purchased an 86,000-square-foot facility in Rochester to provide additional capacity and access to a “larger pool of qualified resources” to support future organic growth. The Jetview Drive facility represents a key building block for the Wayne ...

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IEC reports Q2 revenue, earnings increases (access required)

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 ...

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IEC wins $15 million defense contract (access required)

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 ...

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IEC Electronics to trade on Nasdaq (access required)

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 ...

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IEC posts strong third-quarter sales (access required)

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 ...

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IEC posts Q2 earnings decline, revenue boost (access required)

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 ...

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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 ...

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Xerox veteran to serve as CFO at IEC Electronics (access required)

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 ...

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