Welcome to our dedicated page for Ieh news (Ticker: IEHC), a resource for investors and traders seeking the latest updates and insights on Ieh stock.
IEH Corporation (IEHC) is a Brooklyn, New York‑based manufacturer of printed circuit board (PCB) connectors, custom interconnects and contacts for high performance applications. Its news flow reflects its role as an electronic connector manufacturer serving defense, aerospace, medical, space and industrial markets, and highlights the company’s use of Hyperboloid connector technology for demanding environments.
On this page, readers can review news items tied to IEH Corporation’s financial reporting and corporate activity. Recent releases have announced the filing of Form 10‑K annual reports and Form 10‑Q quarterly reports, summarizing revenue trends, operating income or loss, and changes in cash and backlog. These updates often include management commentary on factors such as material costs, tariffs, product mix and demand patterns in defense and commercial aerospace.
News coverage for IEHC also features order and backlog developments, including bookings for missile defense programs and commercial space launch activity, as well as references to commercial aerospace platforms. In addition, IEH issues announcements about its participation in micro‑cap investor conferences such as the Planet MicroCap Showcase, the LD Micro Invitational and the Atrium Index Virtual Investor Conference, where the company presents its business and financial progress to investors.
Investors and researchers can use this news feed to follow IEH Corporation’s periodic financial disclosures, commentary on its end markets, and appearances at investor events. For those tracking IEHC stock, the news page offers a centralized view of how the company communicates its performance, backlog, market conditions and corporate governance developments over time.
IEH (OTC PINK:IEHC) has filed its quarterly report on Form 10-Q for the fiscal quarter ending June 30, 2024. The company reported significant growth and improvement compared to the same quarter last year:
- Revenue increased by 52% to $7,104,977
- Operating profit of $332,979, compared to a loss of $1,334,392
- Net profit of $392,787, compared to a loss of $1,315,902
- Basic earnings per share of $0.17, compared to a loss of $0.56
CEO Dave Offerman noted that while results don't yet match pre-COVID levels, the company has achieved profitability after two years of losses. He expressed optimism for long-term growth in commercial aerospace and defense-related business.
IEH (OTC:IEHC) has filed its Annual Report on Form 10-K for the fiscal year ending March 31, 2024. The company reported a 12.5% increase in revenue, reaching $21.52M, compared to $19.14M in the previous fiscal year. Operating losses decreased by 35%, down to $3.76M from $5.81M, and net losses fell by 55% to $2.92M from $6.50M. Basic loss per share was reduced to $1.23 from $2.74. Q4 2024 revenue jumped 30% to $6.93M, with a gross profit nearly tripling to $1.28M. The backlog is up 29% year-over-year, and the company notes positive market trends in defense and commercial aerospace. Challenges in cost management persist, but the company is implementing price initiatives to counteract these pressures.
IEH Corp (IEHC) has secured over $5 million in new orders for its Hyperboloid connectors to support various US military programs and overseas allies, boosting munitions reserves. President and CEO Dave Offerman highlights the importance of IEH's connectors in critical defense systems amid global tensions, expecting increased demand following recent congressional funding approval.
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