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IEC Electronics Corp. (Nasdaq: IEC) has announced a conference call on February 3, 2021, at 10:00 a.m. ET to discuss its financial results for Q1 fiscal 2021, which concluded on December 31, 2020. The call can be accessed via a toll-free number for U.S. and Canadian participants, with international access available. A replay will be accessible for 30 days post-call. IEC specializes in electronic manufacturing services for critical sectors such as medical and defense, holding essential certifications like ISO 13485 and AS9100D.
IEC Electronics reported Q4 2020 revenues of $46.4 million, up 5.7% year-over-year, with a gross margin of 14.5%. Operating income increased to $2.9 million and net income rose to $1.9 million or $0.18 per share. For fiscal 2020, revenues reached $182.7 million, a 16.4% increase, with net income at $6.8 million, or $0.65 per share. The company generated $15.0 million in operating cash flow. A backlog of $194.5 million indicates strong demand, particularly with $180.2 million expected to ship in the next year.
IEC Electronics Corp. (Nasdaq: IEC) will host a conference call on November 20, 2020, at 10:00 a.m. ET to discuss its Q4 fiscal results for 2020, ending September 30, 2020. Participants can join by dialing (877) 407-9210 in the U.S. and Canada or (201) 689-8049 internationally. A replay will be available for 30 days, with conference ID: 38325. The live webcast can be accessed via IEC's website.
IEC Electronics provides electronic manufacturing services to technology firms in critical sectors, including medical and defense.
IEC Electronics Corp. (Nasdaq: IEC) has announced the acquisition of an 86,000 square foot facility in Rochester, NY, aimed at enhancing production capacity and talent recruitment to support anticipated organic growth. The new site will consolidate existing operations and enable the company to better serve its customers in various sectors, including medical and defense. CEO Jeffrey T. Schlarbaum emphasized that this expansion is crucial for meeting high-demand manufacturing requirements and sustaining double-digit growth. The facility is expected to bolster IEC's capabilities in electronic manufacturing services.
IEC Electronics Corp. (NASDAQ:IEC) will present at the MicroCap Leadership Summit on September 25, 2020. The event, hosted virtually by MicroCapClub, will feature a presentation by Jeffrey Schlarbaum, President & CEO, to approximately 50 microcap investors.
IEC Electronics specializes in providing electronic manufacturing services for critical sectors such as medical, industrial, aerospace, and defense. The company holds multiple market certifications, including ISO 9001:2015 and AS9100D.
IEC Electronics Corp. (Nasdaq: IEC) will host a conference call on August 5, 2020, at 10:00 a.m. Eastern Time to discuss its fiscal Q3 2020 financial results, which ended June 26, 2020. Interested participants can access the call in the U.S. and Canada via toll-free number (877) 407-9210, with an international line at (201) 689-8049. A replay will be available for 30 days post-call. Additionally, a live webcast can be accessed through the IEC website. The company specializes in electronic manufacturing services for critical sectors including medical and defense.
