iec electronics corp (IEC:NYSE Amex)
iec electronics corp (IEC) Snapshot
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Open
$3.68
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Previous Close
$3.68
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Day High
$3.68
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Day Low
$3.54
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52 Week High
10/18/12 - $7.35
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52 Week Low
05/21/13 - $3.00
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Market Cap
36.1M
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Average Volume 10 Days
128.7K
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EPS TTM
$0.70
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Shares Outstanding
10.0M
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EX-Date
--
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P/E TM
5.1x
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Dividend
--
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Dividend Yield
--
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Related News
iec electronics corp (IEC) Related Businessweek News
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IEC Electronics Corp. provides electronic contract manufacturing services to advanced technology companies in the United States. It specializes in the custom manufacture of complex circuit cards and system-level assemblies; an array of cable and wire harness assemblies; and precision sheet metal components. The company offers its assemblies for use in various products, such as military and aerospace systems, medical devices, industrial equipment, and transportation products. It serves military and aerospace, medical, industrial, communications, and other sectors through a direct sales force, as well as through a network of manufacturer's representatives. IEC Electronics Corp. was founded in 1966 and is headquartered in Newark, New York.
iec electronics corp (IEC) Top Compensated Officers
iec electronics corp (IEC) Key Developments
IEC Electronics Corp. announced that it received a notice on May 20, 2013 from the NYSE MKT (the Exchange) that the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 29, 2013 with the SEC does not satisfy a condition for the Company’s continued listing on the Exchange and also is a material violation of its listing agreement with the Exchange. Therefore, the Exchange is authorized to suspend and remove the Company’s securities from the Exchange unless prompt corrective action is taken, including submission of a plan by June 3, 2013 addressing how it intends to regain compliance with the listing standards by August 15, 2013. The Company intends to submit such a plan within the time established by the Exchange. If the Exchange accepts the plan, the Exchange may permit the Company to continue its listing during the plan implementation period, subject to periodic review of its progress. If the plan is not timely submitted or is not accepted by the Exchange, the Company will be subject to delisting proceedings. If the plan is accepted and the Company is not in compliance by August 15, 2013, or the Company does not make consistent progress in implementing the plan, the Exchange will initiate delisting proceedings as appropriate.
IEC Electronics Corp. announced unaudited preliminary estimated earnings results for the second quarter ended March 29, 2013. The company estimates net sales of $33,681,000, operating loss of $1,412,000, loss before benefit from income taxes of $1,827,000, net loss of $1,144,000.
IEC Electronics Corp. announced that they will report Q2, 2013 results at 5:00 PM, Eastern Standard Time on May 20, 2013
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Industry Analysis
IEC
Industry Average
| Valuation | IEC | Industry Range |
| Price/Earnings | 5.1x |
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| Price/Sales | 0.2x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 5.1x |
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| TEV/Sales | 0.0x |
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To contact IEC ELECTRONICS CORP, please visit www.iec-electronics.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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