Market Overview

IEC Electronics: Q2 Earnings Insights

Share:

Shares of IEC Electronics (NASDAQ:IEC) remained unaffected at $7.27 after the company reported Q2 results.

Quarterly Results

Earnings per share increased 133.33% over the past year to $0.14, which missed the estimate of $0.15.

Revenue of $44,171,000 higher by 18.44% from the same period last year, which beat the estimate of $42,960,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

IEC Electronics hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 06, 2020

Time: 01:01 PM ET

Webcast URL: https://www.webcaster4.com/Webcast/Page/2149/34135

Price Action

Company's 52-week high was at $9.57

Company's 52-week low was at $5.00

Price action over last quarter: down 18.41%

Company Description

IEC Electronics Corp operates in an electronics contract manufacturing services (EMS) industry. It provides electronic manufacturing services to advanced technology companies primarily in the medical, industrial, aerospace and defense sectors. Its offerings include on-site analytical testing laboratories, custom design, and test engineering services. The firm also offers a broad array of manufacturing services encompassing electronics, interconnect solutions and precision metalworking. The majority of its revenue is derived from the sale of electronic products.

 

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