iec-electronics Archives

IEC Names Jens Hauvn as Senior Vice President of Operations

By Publisher on September 14, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 09/14/15 — IEC Electronics Corp. (NYSE MKT: IEC), an electronic manufacturing services company specializing in complex electronic design and assembly, announced today that it has named Jens Hauvn as Senior Vice President of Operations, effective September 8, 2015. Mr. Hauvn will be responsible for the Company–s manufacturing facilities throughout the United States and reports directly to President and CEO, Jeffrey T. Schlarbaum.Mr. Schlarbaum stated, "After

IEC Announces Fiscal 2015 Third Quarter Revenue Growth

By Publisher on August 5, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 08/05/15 — IEC Electronics Corp, (NYSE MKT: IEC) today announced results for the third quarter and nine months ended June 26, 2015.For the third quarter of fiscal year 2015, the Company recorded revenue of $34.4 million, an increase of 4% as compared to revenue of $33 million during the third quarter of the last fiscal year and an increase of 5% sequentially compared to the second quarter of 2015. Gross profit margin for the third quarter improved to 13.7% as com

IEC Will Host Conference Call to Discuss Fiscal 2015 Third Quarter and Nine Month Financial Results

By Publisher on July 29, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 07/29/15 — (NYSE MKT: IEC) announced that it will host a conference call on Wednesday, August 5, 2015 at 10:00 a.m. Eastern Time, to discuss its financial results for the third quarter and nine months ended June 26, 2015.The conference call may be accessed in the U.S. and Canada by dialing toll-free (877) 407-9210. International callers may access the call by dialing (201) 689-8049.A replay of the teleconference will be available for 30 days after the call and m

IEC Announces Divestiture of Southern California Braiding Co.

By Publisher on July 10, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 07/10/15 — IEC Electronics Corp. (NYSE MKT: IEC) today announced that it has sold its Southern California Braiding Company, Inc. (SCB) business to DCX-CHOL Enterprises, Inc. (DCX), a leading provider of engineered high performance interconnect products, for a purchase price of approximately $2.5 million.Jeffrey T. Schlarbaum, President & CEO of IEC Electronics, said, "This divestiture is consistent with the Company–s strategy to enhance IEC–s focus on

IEC Electronics Newark, NY Plant Receives Nadcap Accreditation Renewal

By Publisher on June 9, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 06/09/15 — IEC Electronics Corp. (NYSE MKT: IEC) announced today that its Newark, NY plant has once again earned a Nadcap accreditation from the Performance Review Institute (PRI) for demonstrating ongoing commitment to quality by satisfying customer requirements and industry specifications. The Nadcap accreditation specifically recognizes IEC–s commitment to continual improvement in aerospace electronics quality.Jeffrey T. Schlarbaum, President & CEO of IEC

IEC Electronics Wins Prestigious IHS SPECTRUM Excellence Award for the Electronics Manufacturing Industry

By Publisher on May 29, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 05/29/15 — IEC Electronics Corp. (NYSE MKT: IEC) announced today it was named a winner of the 2015 IHS SPECTRUM Excellence Award for the electronics manufacturing industry. As a leader in that sector, IEC Electronics is being recognized for outstanding achievements that demonstrate the importance of leveraging superior information and insights to make impactful business decisions.This prestigious industry award, presented by IHS Inc. (NYSE: IHS), the leading glob

IEC Announces Second Quarter and Six Month Fiscal 2015 Results

By Publisher on May 11, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 05/11/15 — IEC Electronics Corp, (NYSE MKT: IEC) today announced results for the second quarter and six months ended March 27, 2015.For the second quarter of fiscal year 2015, the Company recorded revenue of $32.9 million, a decline of 5.5% as compared to revenues of $34.8 million during the second quarter of the last fiscal year. Gross profit margin for the second quarter was 7.8%, down from 13.3% in the same quarter last year. The decline in gross profit margin

IEC Will Host Conference Call to Discuss Fiscal 2015 Second Quarter and Six Month Financial Results

By Publisher on May 5, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 05/05/15 — (NYSE MKT: IEC) announced that it will host a conference call on Monday, May 11, 2015 at 10:00 a.m. Eastern Time, to discuss its financial results for the second quarter and six months ended March 27, 2015.The conference call may be accessed in the U.S. and Canada by dialing toll-free (877) 407-9210. International callers may access the call by dialing (201) 689-8049.A replay of the teleconference will be available for 30 days after the call and may be

IEC Announces Resignation of Brett E. Mancini Vice President, Business Development and Engineering Services

By Publisher on March 30, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 03/30/15 — IEC Electronics Corp. (NYSE MKT: IEC) announced the resignation, effective April 9, 2015, of its Vice President, Business Development and Engineering Services, Brett E. Mancini."On behalf of IEC, I would like to thank Brett for his contribution to the Company over the past seven years and wish him all the best in his future endeavors. Brett will assist over the next few weeks as we transition his duties and evaluate both internal and external cand

IEC Electronics Corp. Terminates Tax Benefit Preservation Plan

By Publisher on March 16, 2015 Electronic Components, Picture Gallery

NEWARK, NY — (Marketwired) — 03/16/15 — IEC Electronics Corp. (NYSE MKT: IEC) today announced that the Company–s recently elected Board of Directors has terminated its Tax Benefit Preservation Plan ("the Plan"). IEC–s previous Board adopted the Plan in July 2014.Jeffrey T. Schlarbaum, CEO of IEC Electronics Corp., stated, "As we look to establish best practices from a corporate governance standpoint, the new Board determined that it is in the best interest of IEC–s sharehol