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IEC Electronics reports revenue jump propelled by expanded customer base

IEC Electronics Corp (NASDAQ:IEC) CEO Jeff Schlarbaum tells Proactive the electronic manufacturing services provider posted fiscal second-quarter results that saw its revenue jump 18.4% year-over-year on the back of bookings from an increasingly expanded and diverse customer base.

Schlarbaum says the Newark, New York-based company brought in revenue of $44.2 million, compared to $37.3 million in the fiscal second quarter of 2019.

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Price: 9.99 USD

NASDAQ:IEC
Market: NASDAQ
Market Cap: $104.93 m
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IEC Electronics reveals strong sales and income in its fiscal 4Q and...

IEC Electronics Corp (NASDAQ:IEC) CEO Jeff Schlarbaum tells Proactive the Newark, New York-based firm produced $46.4 million in revenue during its fiscal 2020 fourth quarter -- a nearly 6% year-over-year increase. Schlarbaum says higher sales in the quarter ended September 30, helped the...

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