Subscribe free!

Find out why we're the #1 free penny stock alert newsletter


Shares of IEC Electronics Corp. (IEC) Skyrockets in Today’s Trading Session

| |

Shares of IEC Electronics Corp. (AMEX: IEC), a provider of electronic contract manufacturing services (EMS) to advanced technology companies, are soaring in today’s trading.

At last check, the small-cap stock of IEC was trading 26.47% higher at $6.02, with volume up from daily average of 13,499 to 295,865.

IEC Electronics shares are soaring after the company announced its results for its fiscal second quarter ended March 30, 2012. IEC reported second-quarter revenue of $38.02 million. The company’s net income for the quarter was $2.60 million, or $0.26 per share. For the same period last year, IEC had reported revenue of $35.08 million and net income of $1.74 million, or $0.17 per share.

W. Barry Gilbert, Chairman and CEO of IEC Electronics, said that this was an excellent quarter with meaningful improvements across all of IEC’s important financial metrics.

Posted by on Tuesday, May 8th, 2012. Filed under Internet, Stocks. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Leave a Reply