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IEC Electronics Corp reveals 17% revenue increase in 3Q earnings

IEC Electronics Corp (NASDAQ:IEC) CEO Jeff Schlarbaum tells Proactive the New York-based firm posted strong fiscal third-quarter results last week that saw its revenue jump 17% year-over-year driven by its ability to deliver “reliable” electronic manufacturing solutions for complex products even during the coronavirus pandemic.

Schlarbaum says the electronic manufacturing services company reported revenue of $47.4 million, compared to $40.3 million in the fiscal third quarter of 2019

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Price: 10.26 USD

NASDAQ:IEC
Market: NASDAQ
Market Cap: $107.87 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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