Industrial Services of America Sees Q4 EPS of $0.25 vs. $0.29

Industrial Services of America, Inc. (NASDAQ: IDSA) today announced guidance for its fourth quarter ended December 31, 2010. Revenue for the fourth quarter of 2010 is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.

Net income for the fourth quarter of 2010 is expected to be between $0.25 and $0.29 per diluted share, compared with $0.24 per diluted share for the fourth quarter of 2009. Diluted shares outstanding for the fourth quarter of 2010 increased to 6,666,480 from 5,801,459 diluted shares in the fourth quarter of 2009.