IEC Electronics Corp. (IEC)

[whytestocks]

News: $IEC IEC Announces Fiscal 2019 Fourth Quarter and Year End Results

NEWARK, N.Y., Nov. 22, 2019 (GLOBE NEWSWIRE) -- IEC Electronics Corp. (NYSE American: IEC) today announced results for the fiscal 2019 fourth quarter and year ended September 30, 2019 (“fiscal 2019”). IEC reported revenues of $43.9 million for the fourth quarter of fis...

Find out more IEC - IEC Announces Fiscal 2019 Fourth Quarter and Year End Results

[whytestocks]

News: $IEC IEC Announces Fiscal 2019 Third Quarter Results

NEWARK, N.Y., Aug. 07, 2019 (GLOBE NEWSWIRE) -- IEC Electronics Corp. (NYSE American: IEC) today announced results for the fiscal 2019 third quarter and nine months ended June 28, 2019. IEC reported revenues of $40.3 million for the third quarter of fiscal 2019, an increase of 35.4%...

Read the whole news IEC Announces Fiscal 2019 Third Quarter Results

[whytestocks]

News: $IEC IEC Wins Contract Valued at More Than $50 Million From Top Global Defense Company

NEWARK, N.Y., May 15, 2019 (GLOBE NEWSWIRE) -- IEC Electronics Corp. (NYSE American: IEC) today announced that it has been awarded a multi-year contract, valued at more than $50 million, from a Tier 2 Department of Defense Contractor.  This award expands IEC’s participation with...

Got this from https://marketwirenews.com/news-releases/iec-wins-contract-valued-at-more-than-50-million-from-top-global-defense-company-8191334.html

[stubby1]

Great Quarter!
Most important "second Q should be a base for further growth 3rd, 4th Q and 2019. $32 million sales and $.15 / sh net is a nice base

[CHobart32]

WOW!
Go IEC

Between these earnings and the investment in the future with a new facility this company is looking up!

[1center]

$IEC $4 nice +15% gains since earnings day Feb 10

IEC Electronics Corp

https://www.iec-electronics.com/investors/press-release

[1center]

$IEC @3.43..Watching for entry opp..Q1 expected tomorrow AM....

It would appear the expected softness has already been accounted for in the pps since the October workforce reduction with softness reiterated in the Dec Annual 2016 earnings PR, through the first half of 2017.

So my point being, if the pps gets hit again on weakness and the
outlook for the second half of 2017 is still strong it could provide a great entry point.
Q1 report due tomorrow we shall see.

OCT 2016
Newark, New York, October 11, 2016 - IEC Electronics Corp. (NYSE MKT: IEC) today confirmed a workforce reduction...

https://www.iec-electronics.com/press-release/874

DEC 2016, FY ending 09/30/16
Newark, New York, December 14, 2016 — IEC Electronics Corp. (NYSE MKT: IEC) today announced results for the fiscal year ended September 30, 2016.
IEC reported revenues of $127.0 million for the year ended September 30, 2016 (“fiscal 2016”), consistent with revenues for the year ended September 30, 2015 (“fiscal 2015”).  Gross profit margin for fiscal 2016 grew to 16.0% as compared to 12.8% in fiscal 2015.  Selling and administrative expenses (excluding restatement and related expenses), decreased to $14.0 million or 11.0% of sales as compared to $16.6 million or 13.1% of sales in fiscal 2015.  Net income for fiscal 2016 was $4.8 million, or $0.47 per share, compared to a net loss of $10.2 million, or a loss of $1.01 per share, in the same prior year period.   During fiscal 2015, the Company incurred a loss on discontinued operations of $6.4 million or ($0.64 per share) related to its divestiture of Southern California Braiding (“SCB”) and corresponding impairment charges. IEC reduced debt, net of cash, by $2.0 million in the fourth quarter of fiscal 2016 and by $11.8 million for the fiscal year.  Fiscal year 2016 cash flow was driven by improved operational performance as well as a reduction of net inventory of $10.4 million compared to inventory levels at year end 2015... 

With the visibility we have today, we anticipate that the backlog softness will continue through the first half of fiscal 2017 and strengthen in the second half of fiscal 2017.

https://www.iec-electronics.com/press-release/905

Newark, New York, January 27, 2017 — IEC Electronics Corp. (NYSE MKT: IEC) today announced that it will host a conference call on Friday, February 10, 2017 at 10:00 a.m. Eastern Time, to discuss its financial results for the fiscal first quarter ended December 30, 2016....
About IEC Electronics
IEC Electronics is a provider of electronic manufacturing services ("EMS") to advanced technology companies that produce life-saving and mission critical products for the medical, industrial, aerospace and defense sectors. The Company specializes in delivering technical solutions for the custom manufacture of complex full system assemblies by providing on-site analytical testing laboratories, custom design and test engineering services combined with a broad array of manufacturing services encompassing electronics, interconnect solutions, and precision metalworking.  As a full service EMS provider, IEC holds all appropriate certifications for the market sectors it supports including ISO 9001:2008, AS9100C, ISO 13485, Nadcap and IPC QML.  IEC Electronics is headquartered in Newark, NY and also has operations in Rochester, NY and Albuquerque, NM.  Additional information about IEC can be found on its web site at www.iec-electronics.com.

https://www.iec-electronics.com/press-release/924

https://www.iec-electronics.com/

IEC Electronics Corp. Key Data

http://seekingalpha.com/symbol/IEC/key-data

[CHobart32]

Might be time to buy, this one usually hovers around 5

[Renee]

IEC SEC Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/34-78017.pdf

[Manucastle]

This is looking very good going forward.

Just bought some at $4.34


https://finance.yahoo.com/news/iec-announces-fiscal-second-quarter-121500642.html

[stocktrademan]

$IEC recent news/filings

bullish 4.47

$IEC charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$IEC company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/IEC/company-info
Ticker: $IEC

$IEC extra dd links

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/IEC/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/IEC/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=IEC+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=IEC+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=IEC+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/IEC/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/news - http://finance.yahoo.com/q/h?s=IEC+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/IEC/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/IEC/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/IEC/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/IEC/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/IEC/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/IEC/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/IEC/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=IEC+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/IEC

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/IEC/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/IEC
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/IEC/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/IEC/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/IEC/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/IEC/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/IEC/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=IEC&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=IEC
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=IEC+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=IEC+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=IEC
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=IEC
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=IEC+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/IEC/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=IEC+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/IEC.IEC
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=IEC
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/IEC/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/IEC/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/IEC/insider-trIEC
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/IEC/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/IEC
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/IEC
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/IEC:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=IEC
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=IEC

[IEC follower]

Did anyone read Vintage Capital's attached letter 13D?
Looks like they threw down the gauntlet. very upset about poison pill IEC just issued to stop Vintage's purchases. Could be fun.

[goodeatin]

Something's up here. Nice little pop the last few days and volume way up today. Anybody?

[richardred]

Nice move in IEC today.

[richardred]

I'm in this one, good upside earnings surprise. I bought back in on that when it broke below 6. Trading below 6 now that market conditions are nervous. This is a backyard company for me. I only live the next town over from Newark. Maybe an add for me if it gets cheaper than 5.60.

[Scandle34]

something's up and at least it's the price!

[GregK]

17 million contract today. Largest ever for IEC http://finance.yahoo.com/news/IEC-Electronics-Announces-17-iw-822909758.html?x=0

[Penny Roger$]

~ $IEC ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $IEC ~ Earnings expected on Friday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=IEC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=IEC&p=W&b=3&g=0&id=p54550695994



~ Barchart: http://barchart.com/quotes/stocks/IEC?
~ OTC Markets: http://www.otcmarkets.com/stock/IEC/company-info
~ Google Finance: http://www.google.com/finance?q=IEC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=IEC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=IEC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=IEC
Finviz: http://finviz.com/quote.ashx?t=IEC
~ BusyStock: http://busystock.com/i.php?s=IEC&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=IEC&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=IEC
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=IEC
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=IEC
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=IEC
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=IEC
~ MarketWatch: http://www.marketwatch.com/investing/stock/IEC/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=IEC
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=IEC
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=IEC&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=IEC&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=IEC&size=l&frequency=60&color=g


http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[mhoneybadger]

http://www.marketwatch.com/story/iec-announces-solid-results-for-the-fourth-quarter-and-fiscal-2011-2011-12-08

[MikeDDKing]

IEC Electronics Announces $6.7 Million Award
On Thursday September 22, 2011, 8:35 am

NEWARK, NY--(Marketwire -09/22/11)- IEC Electronics Corp. (AMEX: IEC - News) announces that it has received an order valued at approximately $6.7 million from a Fortune 100 industrial customer. Deliveries are expected to commence either late in the first quarter or early in the second quarter of fiscal 2012.

W. Barry Gilbert, Chairman of the Board and CEO, stated, "We appreciate the continuing confidence of this longstanding customer in our quality standards and on time performance, as demonstrated by their placement of this additional order with us. Despite some negative reports in the press relating to the health of the economy, many of our customers continue to move forward and we're pleased to be part of their ongoing commercial programs."

About IEC Electronics

IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also AC7120 Nadcap accredited for electronics manufacturing to support the most stringent quality requirements of the aerospace industry, as well as ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.

Contact:


Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett
Institutional Marketing Services
[phone]
Email Contact
Jennifer Belodeau
Institutional Marketing Services
[phone]
Email Contact

[Scandle34]

trying to buy 5% of that... we'll see.

[MikeDDKing]

Yahoo indicates the average daily volume is 23,537 shares. That is roughly $122K in average daily dollar volume which is decent but not huge.

[Scandle34]

looks less liquid than the Sahara, but not looking for fast trades - I only have time to dig now because i am away on travel and it's night in Taiwan...

[MikeDDKing]

Q3 ending July 1 results were a bit weak but I believe are due to temporary factors. I suspect that the drop in the stock price prior to that was due to the overall US economic situation rather than someone's anticipation of results.

The analysts following IEC are expecting earnings of $0.62 for fiscal year 2011 (September 2011) and $0.78 for fiscal year 2012 (September 2012). I think they are good estimates.

IEC has a very good history of long term growth.

[Scandle34]

intrigued... looks like a floor here except someone must have expected a really bad filing this past Q?

[MikeDDKing]

These are open market purchases. There has been a small amount of stock issued for director fees but I excluded that.

[Scandle34]

are these all open market purchases or options excercises?

[MikeDDKing]

The IEC CEO purchased 8000 shares in the open market at $5.10 or higher. This is in addition to several other insider purchases.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8128373-1132-9404&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

There have been many recent insider buys on IEC in recent days. There has been a total of 50,000 shares or roughly $250K purchased by 4 individuals. Here is a summary of the data:

 Person             Title          Shares  Date 
 Barry Gilbert      COB & CEO       5,000  8/29 
 Amy Tait           Director       15,000  8/25 
 Eben Moulton       Director        2,800  8/25 
 Susan Topel-Samek  VP & CFO       10,000  8/22 
 Eben Moulton       Director          800  8/22 
 Eben Moulton       Director        9,000  8/19 
 Eben Moulton       Director        7,100  8/18 
 Eben Moulton       Director          300  8/16 
  
 Total                             50,000

[MikeDDKing]

More insider purchases of IEC were just filed. This time the purchases were by two directors. One purchased 15,000 and the other purchased 2,800. Both purchases were at $5/share for a total purchase price of $89,000.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8119696-1153-8877&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8119709-1123-8787&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

[MikeDDKing]

An insider purchase by the CFO of roughly $50K of IEC stock was just posted:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8114966-1147-9566&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

[MikeDDKing]

A third IEC insider purchase by director Eben Moulton was posted today:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8114905-1123-8800&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

[MikeDDKing]

An IEC director purchase 16,100 shares at an average price of $4.92/share.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8111600-1123-8764&type=sect&TabIndex=2&companyid=3839&ppu=%252fdefault.aspx%253fcik%253d49728

[MikeDDKing]

IEC Announces Solid Third Quarter Results for Fiscal 2011
On Monday August 8, 2011, 8:25 am

NEWARK, NY--(Marketwire -08/08/11)- IEC Electronics Corp. (AMEX: IEC - News)

Q3 revenue increased by 32% compared to Q3 2010
Q3 operating profit increased 15.7% compared to Q3 2010
Continued progress integrating Southern California Braiding

IEC Electronics Corp. (AMEX: IEC - News) announced its results for the third quarter of fiscal 2011 ended July 1, 2011.

For the quarter ended July 1, 2011 the Company reported revenue of $34,626,000 for the quarter, operating income of $2,623,000 (7.6% of sales) and net income of $1,333,000 or $0.13 per share. This compares to revenue of $26,095,000, operating income of $2,268,000 (8.7% of sales) and net income of $1,238,000 or $0.13 per share for the quarter ended June 25, 2010.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of fiscal 2011 was $3,483,000 or $0.35 per share, compared to $2,555,000 or $0.27 per share for the same quarter last year.

IEC reported revenue of $98,355,000, operating income of $7,909,000 and net income of $4,129,000 or $0.42 per share for the first nine months of 2011. This compares to revenue of $69,387,000, operating income of $5,565,000 and net income of $3,027,000 or $0.32 per share for the first nine months of fiscal 2010.

EBITDA for the nine month period ended July 1, 2011 totaled $9,925,000 or $1.00 per share, compared to $6,067,000 or $0.63 per share for the same period last year.

"This was a solid quarter for IEC, but not without its challenges. On the positive side our organic growth was 14% as compared to the same period in fiscal 2010, which is in line with our outlook. Our backlog continues to expand in the face of some weakening broad macro-economic news both domestically and from the Far East. Southern California Braiding recently received a $5 million order from one of its military customers, and we continue to work on a number of exciting new programs, all of which will impact fiscal 2012," said W. Barry Gilbert, Chairman and Chief Executive Officer.

Mr. Gilbert continued, "Nonetheless, the revenue growth and gross margin were somewhat disappointing. Both the growth and the margin were negatively impacted by a delay in $3 million of revenue caused by unplanned downtime in certain equipment, the delay in finalizing the federal military budget, and an unusual number of customer change orders. In addition, we experienced a shift in our product mix. The product mix which was very favorable last quarter was equally unfavorable this quarter and impacted our gross profit.

"The long term view for Southern California Braiding's future is bright. Its current performance, however, has been choppy as we work our way through integration issues such as implementing new systems and expanding communication and business process tools. Nothing we have observed has diminished our enthusiasm about this acquisition, if anything we are more excited. All the programs we were planning have been approved in the defense appropriation budget and we are likely to receive additional awards.

"We strengthened our balance sheet. However, we fell short of our goal of reducing our bank debt. We believe this is a timing issue and remain confident that our bank debt will be reduced on or ahead of our internal schedule.

"We believe that we have met the challenges before us and remain most optimistic about the Company's future prospects. We are continually building a stronger company with immense capability for our customers, our employees and our shareholders."

IEC will host a conference call with investors at 10:00 a.m. Eastern time today, Monday, August 8, 2011 to discuss its financial results for the quarter ended July 1, 2011. The conference call may be accessed in the U.S. and Canada by dialing toll-free 1-877-407-9210. International callers may access the call by dialing 1-201-689-8049. To access a live webcast of the conference call, log onto the IEC website at http://www.iec-electronics.com or http://www.InvestorCalendar.com.

A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing 1-877-660-6853 and international callers may dial 1-201-612-7415. Callers must enter account number 286 and conference number 376007.

To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at http://www.InvestorCalendar.com. An online replay will be available shortly after the call.

About IEC Electronics
IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also AC7120 Nadcap accredited for electronics manufacturing to support the most stringent quality requirements of the aerospace industry, as well as ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.

                    IEC ELECTRONICS CORP - CONSOLIDATED 
                                BALANCE SHEET 
                        JUL 01, 2011 AND SEP 30, 2010 
                                (In Thousands) 
  
                                                  JUL 01, 2011  SEP 30, 2010 
 ASSETS 
  
 CURRENT ASSETS 
   Cash                                                      0             0 
   Accounts Receivable                                  20,303        16,315 
   Inventories                                          17,481        12,068 
   Deferred Income Taxes                                 3,940         3,359 
   Other Current Assets                                    356           234 
                                                  ------------  ------------ 
       Total Current Assets                             42,080        31,976 
                                                  ------------  ------------ 
  
  
 NET FIXED ASSETS                                       18,195        13,098 
  
 NON-CURRENT ASSETS 
   Goodwill                                             13,810            58 
   Intangible Assets                                     6,077           331 
   Deferred Income Taxes                                 7,430        10,113 
   Other Non-Current Assets                                192           106 
                                                  ------------  ------------ 
 TOTAL ASSETS                                           87,784        55,682 
                                                  ============  ============ 
  
  
 LIABILITIES AND SHAREHOLDERS' EQUITY 
  
 CURRENT LIABILITIES 
   Short Term Borrowings                                 6,939         2,899 
   Accounts Payable                                      7,766         8,145 
   Accrued Payroll and Related Taxes                     2,212         2,279 
   Other Accrued Expenses                                1,155           941 
   Other Current Liabilities                               406             0 
                                                  ------------  ------------ 
       Total Current Liabilities                        18,478        14,264 
                                                  ------------  ------------ 
  
 LONG TERM DEBT                                         38,438        15,999 
                                                  ------------  ------------ 
  
 TOTAL LIABILITIES                                      56,916        30,263 
  
 SHAREHOLDER'S EQUITY 
     Authorized - 50,000,000 shares 
     Issued - 10,811,188, Outstanding - 9,795,730 
   Common stock, par value $.01 per share                  108           101 
   Treasury Shares at Cost - 1,015,458 shares           (1,435)       (1,413) 
   Additional Paid-in Capital                           42,473        41,138 
   Retained Earnings                                   (10,278)      (14,407) 
                                                  ------------  ------------ 
 TOTAL SHAREHOLDER'S EQUITY                             30,868        25,419 
                                                  ------------  ------------ 
  
 TOTAL LIABILITIES & EQUITY                             87,784        55,682 
                                                  ============  ============ 
  
  
                      IEC ELECTRONICS CORP - CONSOLIDATED 
                              STATEMENT OF INCOME 
              FOR QUARTER END & YTD JUL 01, 2011 AND JUN 25, 2010 
                                (In Thousands) 
  
                             ACTUAL        PRIOR       ACTUAL        PRIOR 
                             QUARTER      QUARTER        YTD          YTD 
                          JUL 01, 2011 JUN 25, 2010 JUL 01, 2011 JUN 25, 2010 
  
 Sales                          34,626       26,095       98,355       69,387 
 Cost of Sales                  28,470       21,439       80,672       57,900 
                          ------------ ------------ ------------ ------------ 
 Gross Profit                    6,156        4,656       17,683       11,487 
  
 Less: Operating Expenses 
   Selling & G&A                 3,533        2,388        9,774        5,922 
   Other                             0            0            0            0 
                          ------------ ------------ ------------ ------------ 
 Total Operating Expenses        3,533        2,388        9,774        5,922 
                          ------------ ------------ ------------ ------------ 
  
 Operating Profit                2,623        2,268        7,909        5,565 
  
 Interest and Financing 
  Expense                          491          238        1,214          594 
 Other Expense/(Income)              4           17          134          205 
                          ------------ ------------ ------------ ------------ 
 Net Income before Income 
  Taxes                          2,128        2,013        6,561        4,766 
  
   Provision for 
    /(benefit from)Income 
    Tax                            795          775        2,432        1,739 
                          ------------ ------------ ------------ ------------ 
  
 Net Income                      1,333        1,238        4,129        3,027 
                          ============ ============ ============ ============ 
  
  
 Basic Earnings Per Share $       0.14 $       0.14 $       0.43 $       0.34 
 Diluted Earnings Per 
  Share                   $       0.13 $       0.13 $       0.42 $       0.32 
  
 Basic Shares                9,776,888    9,055,280    9,524,874    8,955,212 
 Diluted Shares             10,021,932    9,629,326    9,932,446    9,606,748 
  
   
  
  
                      IEC ELECTRONICS CORP - CONSOLIDATED 
                    RECONCILIATION OF NET INCOME TO EBITDA 
              FOR QUARTER END & YTD JUL 01, 2011 AND JUN 25, 2010 
                                (In Thousands) 
  
                             ACTUAL        PRIOR       ACTUAL        PRIOR 
                             QUARTER      QUARTER        YTD          YTD 
                          JUL 01, 2011 JUN 25, 2010 JUL 01, 2011 JUN 25, 2010 
  
 Net Income                      1,333        1,238        4,129        3,027 
  
 Provision for /(benefit 
  from) Income Tax                 795          775        2,432        1,739 
  
 Depreciation and 
  Amortization Expense             864          304        2,150          707 
  
 Net Interest Expense / 
  (Income)                         491          238        1,214          594 
                          ------------ ------------ ------------ ------------ 
 EBITDA                          3,483        2,555        9,925        6,067 
                          ------------ ------------ ------------ ------------ 
  
 Basic Earnings Per Share $       0.36 $       0.28 $       1.04 $       0.68 
 Diluted Earnings Per 
  Share                   $       0.35 $       0.27 $       1.00 $       0.63 
  
 Basic Shares                9,776,888    9,055,280    9,524,874    8,955,212 
 Diluted Shares             10,021,932    9,629,326    9,932,446    9,606,748 

Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services (IMS)
[phone]
Email Contact
Email Contact

[MikeDDKing]

IEC Electronics Announces $5.2 Million Award
On Friday August 5, 2011, 12:43 pm

NEWARK, NY--(Marketwire -08/05/11)- IEC Electronics Corp. (AMEX: IEC - News) announces that it recently received an order from one of its Military and Defense customers. This order is valued at more than $5.2 million, and deliveries will commence during IEC's fiscal 2012 and continue through 2013. This opportunity may have follow on orders for this program.

W. Barry Gilbert, Chairman of the Board and CEO, stated, "Our customer is a well known, top 10 prime defense contractor. We appreciate their continuing confidence in IEC and our latest acquisition Southern California Braiding. This award is providing important ground support equipment and unique flight systems cables and wire harnesses. With developments like this, fiscal 2012 is steadily shaping up to be a good year for IEC."

About IEC Electronics

IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also AC7120 Nadcap accredited for electronics manufacturing to support the most stringent quality requirements of the aerospace industry, as well as ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.

Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services
[phone]
Email Contact

[MikeDDKing]

IEC just announced a $5.2M order.

[MikeDDKing]

IEC Will Host Conference Call to Discuss Fiscal 2011 Third Quarter Financial Results
On Tuesday July 19, 2011, 2:34 pm

NEWARK, NY--(Marketwire - 07/19/11) - IEC Electronics Corp. (AMEX:IEC - News) announced that it will host a conference call on Monday, August 8, 2011 at 10:00 a.m. Eastern Time, to discuss its financial results for the third quarter ended July 1, 2011. The Company's results for the quarter will be released the morning of August 8th.

Mr. Barry Gilbert, Chairman and Chief Executive Officer of IEC Electronics, will lead the call and invites all interested parties to join management's discussion of the Company's financial results and other meaningful developments.

The conference call may be accessed in the U.S. and Canada by dialing toll-free 1-877-407-9210. International callers may access the call by dialing 1-201-689-8049.

A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing 1-877-660-6853 and international callers may dial 1-201-612-7415. Callers must enter account number 286 and conference number 376007.

To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at http://www.InvestorCalendar.com. An online replay will be available shortly after the call.

About IEC Electronics
IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY; Rochester, NY; Albuquerque, NM; and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.
Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services
[phone]
Email Contact
Email Contact

[MikeDDKing]

IEC to present at NYSSA

Micro-cap Technology Companies to Present at NYSSA Conference
On Friday May 13, 2011, 1:44 pm

NEW YORK--(BUSINESS WIRE)-- Senior-level executives from six micro-cap technology companies will present the latest developments and earnings updates to investors at NYSSA’s 3rd Annual Technology Innovators Microcap Investment Conference on May 19, 2011.

Within the micro-cap space, companies with breakout technology solutions may offer some of the greatest growth opportunities of all. Micro-cap equities have significantly outperformed both the S&P 500 large-cap and Russell 2000 small-cap indexes over the past five years.

The six presenting companies are:

ClearOne (NASDAQ:CLRO - News), a communications solutions company that develops and sells audio conferencing systems and other related products
CTG (Nasdaq:CTGX - News) develops innovative IT solutions that address the business needs of companies in healthcare, energy, and technology services
DecisionPoint Systems, Inc. makes enterprise software applications accessible to the front-line worker anytime, anywhere utilizing all the latest wireless, mobility, and RFID technologies
IEC Electronics Corp. (AMEX:IEC - News), a high reliability contract manufacturer serving the military/aerospace, medical, industrial and communications market
RADVISION (NASDAQ:RVSN - News), a leading technology and end-to-end solution provider for unified visual communications
Vertro, Inc. (NASDAQ:VTRO - News), a software and technology company that owns and operates the ALOT product portfolio

The 3rd Annual Microcap Technology Innovators Conference will be held on May 19, 2011, from 8:30 a.m.–12:45 p.m. The conference location is 1540 Broadway, Suite 1010, New York, NY 10036.

Please visit www.nyssa.org/microcap for a detailed event description and registration information.

There is no charge for press with credentials.

About NYSSA

The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to promote best practices and the highest professional and ethical standards in the industry. With over 10,000 members, NYSSA is the largest of the 135 societies worldwide that make up CFA Institute, which has over 100,000 members. For more information about NYSSA, please visit http://www.nyssa.org. Follow NYSSA on Facebook, Twitter and Finance Professionals’ Post.

Contact:

NYSSA
Shauntay Jones, 212-541-4530
[e-mail]

[MikeDDKing]

IEC to Present at 7th Annual Noble Financial Capital Markets Equity Conference
On Wednesday May 11, 2011, 8:50 am

NEWARK, NY--(Marketwire - 05/11/11) - IEC Electronics Corp. (AMEX:IEC - News) today announced that W. Barry Gilbert, Chairman of the Board and CEO will present at the Noble Financial Capital Markets' Seventh Annual Equity Conference at the Hard Rock Hotel in Hollywood, Florida on Monday, May 16, 2011. Mr. Gilbert will provide an overview of IEC's operations, financial results and the growth of the Company since its presentation at last year's Noble conference.

At the time of the presentation, a live audio and high-definition video webcast of IEC's presentation and a copy of the presentation materials will be available on the Company's website at www.iec-electronics.com or through the Noble Financial website at:
http://noble.mediasite.com/mediasite/Viewer/?peid=1401fe18d7c946f9a0e07a0338737ce91d

For best access to the live webcast, please cut and paste the link into your web browser. IEC recommends registering at least 10 minutes prior to the start of the presentation to ensure timely access. You will require a Microsoft Silverlight viewer (a free download from the presentation link) to participate. The webcast and presentation will also be archived on the IEC website for 90 days following the event.

About IEC Electronics
IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and communications sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

About Noble Financial
Noble Financial Capital Markets was established in 1984 and is an equity research driven, full- service, investment banking boutique focused on small-cap, emerging growth companies. The company has offices in New York, Boston, New Jersey, St. Louis and Boca Raton. In addition to non-deal road shows and sector-specific conferences throughout the year, Noble Financial hosts its large format annual equity conference in last spring featuring 120-150 presenting companies from across North America and total attendance of close to 600. For more information: www.noblefcm.com
Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services (IMS)
[phone]
Email Contact
Email Contact

[MikeDDKing]

IEC Announces Strong Second Quarter for Fiscal 2011
On Tuesday May 3, 2011, 8:00 am

NEWARK, NY--(Marketwire - 05/03/11) - IEC Electronics Corp. (AMEX:IEC - News)


-- Q2 revenue increased by 39% compared to Q2 2010
-- Q2 operating income as a percent of sales improved to 9.5% compared to
7.9% in Q2 2010
-- Increased capital spending to support growth and emerging programs

IEC Electronics Corp. (AMEX:IEC - News) announced its results for the fiscal second quarter ending April 1, 2011.

For the quarter ended April 1, 2011 the Company reported revenue of $35,085,000, operating income of $3,323,000 (9.5% of sales) and net income of $1,747,000 or $0.17 per share. This compares to revenue of $25,232,000, operating income of $1,983,000 (7.9% of sales) and net income of $1,036,000 or $0.11 per share for the quarter ended March 26, 2010.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of fiscal 2011 were $4,005,000 or $0.40 per share, compared to $2,131,000 or $0.22 per share for the same quarter last year. The Company views EBITDA as a useful measure of operating performance given its strong operating margins and large net operating loss carryforward (NOL). The Company invested $2.5 million in capital using this quarter's cash flow to support growth. This is a significant and important investment; to increase capacity for one of our new customers, to support some emerging opportunities, and to plant the seeds for 2012 and beyond. All investments are calculated risks and IEC believes these are worth taking. For the balance of the fiscal year cash flow from operations will be used to pay down debt, which the Company intends to markedly reduce by the end of the year.

IEC had revenue of $63,729,000, operating income of $5,286,000 and net income of $2,796,000 or $0.28 per share for the first six months of 2011. This compares to revenue of $43,292,000, operating income of $3,296,000 and net income of $1,790,000 or $0.19 per share for the first six months of fiscal 2010. EBITDA for the six month period ended April 1, 2011 totaled $6,442,000 or $0.65 per share, compared to $3,520,000 or $0.37 per share for the same period last year.

W. Barry Gilbert, Chairman of the Board and CEO, stated, "This was another good quarter. All of our important financial metrics improved and we are pleased with our progress. Most significant was the growth of operating income to 9.5% of sales versus 7.9% for the same period last year. The improvement was a combination of various factors; increased efficiency, product mix and the margin generated from our latest acquisition Southern California Braiding (SCB). Just as important, organic sales growth increased by more than 20% over the comparable period.

"We are also pleased with the performance of SCB, whose sales and income were accretive to the Company. It is important to note that during the first year after an acquisition we do not look for any real change in either income or sales from the previous year. Integrating a new company requires significant effort and cost. While SCB will be a good addition for IEC and its integration into IEC Electronics is making reasonable progress, it will take the balance of the fiscal year to complete the effort. SCB's backlog continues to grow and the cross selling opportunities are quickly showing signs of potentially being quite successful. We now expect to be ahead of our forecasted annual revenue of $130 million.

"Consistent with past practice, we do not report backlog during the year. However, we do offer a mid-year update, and in that regard we are pleased to tell our shareholders that current backlog is higher than the backlog figure reported in our 10-K for fiscal 2010. As in the past it is important to note that some of the backlog extends past 2011 and 2012 into 2013 and 2014. Some of our military customers place their orders years in advance to assure we have capacity to support their needs as our business grows.

"Finally, our sector performance has shifted somewhat. The military/aerospace sector remains strong, though decreased as a percentage of our sales to 53% for the first six months of fiscal 2011, as compared to 58% of sales at the end of fiscal 2010. This decrease was not a reduction in revenue in the sector, but reflects the growth in our other sectors. Our medical and other sector has increased from 13% of sales at the close of fiscal 2010 to 20% of sales for the first six months of fiscal 2011. Our industrial and communications sectors stayed relatively flat at 27% of sales for the first six months of this year as compared to 29% at the close of fiscal year end 2010.

"In summary, our Company continues to move forward and we are confident that we are creating future value for our shareholders and opportunity for our employees."

Conference Call

IEC will host a conference call with investors at 10:00 a.m. Eastern time today, May 3, 2011 to discuss its financial results for the quarter ended April 1, 2011. The call may be accessed in the U.S. and Canada by dialing toll-free 1-877-407-9210. International callers may access the call by dialing 1-201-689-8049. To access a live webcast of the conference call, log onto the IEC website at http://www.iec-electronics.com or http://www.InvestorCalendar.com.

A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing 1-877-660-6853 and international callers may dial 1-201-612-7415. Callers must enter account number 286 and conference number 371226.

About IEC Electronics

IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and communications sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.

               IEC ELECTRONICS CORP - CONSOLIDATED 
                           BALANCE SHEET 
                  APR 01, 2011 AND SEP 30, 2010 
                         (In Thousands) 
  
                                          APR 01, 2010         SEP 30, 2010 
 ASSETS 
  
 CURRENT ASSETS 
   Cash                                              0                    0 
   Accounts Receivable                          19,466               16,315 
   Inventories                                  19,823               12,068 
   Deferred Income Taxes                         3,940                3,359 
   Other Current Assets                            275                  234 
                                            ----------           ---------- 
     Total Current Assets                       43,504               31,976 
                                            ----------           ---------- 
  
 NET FIXED ASSETS                               19,678               13,098 
  
 NON-CURRENT ASSETS 
   Goodwill                                     13,009                   58 
   Intangible Assets                             5,363                  331 
   Deferred Income Taxes                         8,084               10,113 
   Other Non-Current Assets                        206                  106 
                                           -----------           ---------- 
 TOTAL ASSETS                                   89,844               55,682 
                                           ===========           ========== 
  
 LIABILITIES AND SHAREHOLDERS' EQUITY 
  
 CURRENT LIABILITIES 
   Short Term Borrowings                         7,017                2,899 
   Accounts Payable                             11,179                8,145 
   Accrued Payroll and Related Taxes             2,158                2,279 
   Other Accrued Expenses                          970                  941 
   Other Current Liabilities                       553                    0 
                                            ----------           ---------- 
     Total Current Liabilities                  21,877               14,264 
                                            ----------           ---------- 
 LONG TERM DEBT                                 38,759               15,999 
                                            ----------           ---------- 
 TOTAL LIABILITIES                              60,636               30,263 
  
 SHAREHOLDERS' EQUITY 
    Authorized - 50,000,000 shares 
    Issued - 10,634,910, 
     Outstanding - 9,622,037 
   Common stock, par value $.01 per share          106                  101 
   Treasury Shares at Cost - 
    1,012,873 shares                            (1,413)              (1,413) 
   Additional Paid-in Capital                   42,126               41,138 
   Retained Earnings                           (11,611)             (14,407) 
                                            ----------           ---------- 
 TOTAL SHAREHOLDERS' EQUITY                     29,208               25,419 
                                            ----------           ---------- 
  
 TOTAL LIABILITIES & EQUITY                     89,844               55,682 
                                            ==========           ========== 
  
  
  
  
                IEC ELECTRONICS CORP - CONSOLIDATED 
                       STATEMENT OF INCOME 
      FOR QUARTER END & YTD APR 01, 2011 AND MAR 26, 2010 
                         (In Thousands) 
  
                        ACTUAL         PRIOR        ACTUAL        PRIOR 
                        QUARTER       QUARTER        YTD           YTD 
                     APR 01, 2011  MAR 26, 2010  APR 01, 2011  MAR 26, 2010 
  
 Sales                     35,085        25,232        63,729        43,292 
 Cost of Sales             28,141        21,214        52,202        36,461 
                       ----------    ----------    ----------    ---------- 
 Gross Profit               6,944         4,018        11,527         6,831 
  
 Less: Operating 
  Expenses 
   Selling & G&A            3,621         2,035         6,241         3,535 
   Other                        0             0             0             0 
                       ----------    ----------    ----------    ---------- 
 Total Operating 
  Expenses                  3,621         2,035         6,241         3,535 
                       ----------    ----------    ----------    ---------- 
  
 Operating Profit           3,323         1,983         5,286         3,296 
  
  
 Interest and 
  Financing Expense           480           260           723           355 
 Other Expense/ 
  (Income)                    115           130           130           188 
                       ----------    ----------    ----------    ---------- 
 Net Income before 
  Income Taxes              2,728         1,593         4,433         2,753 
  
  
   Provision for/ 
    (benefit from) 
    Income Tax                981           557         1,637           963 
                       ----------    ----------    ----------    ---------- 
  
 Net Income                 1,747         1,036         2,796         1,790 
                       ==========    ==========    ==========    ========== 
  
  
  
 Basic Earnings Per 
  Share                $     0.18    $     0.12    $     0.30    $     0.20 
 Diluted Earnings 
  Per Share            $     0.17    $     0.11    $     0.28    $     0.19 
  
  
 Basic Shares           9,576,152     8,974,796     9,399,555     8,903,765 
 Diluted Shares         9,996,928     9,651,921     9,887,922     9,593,155 
  
  
  
  
                IEC ELECTRONICS CORP - CONSOLIDATED 
               RECONCILIATION OF NET INCOME TO EBITDA 
       FOR QUARTER END & YTD APR 01, 2011 AND MAR 26, 2010 
                        (In Thousands) 
  
                         ACTUAL       PRIOR         ACTUAL        PRIOR 
                        QUARTER      QUARTER         YTD           YTD 
                     APR 01, 2011  MAR 26, 2010  APR 01, 2011  MAR 26, 2010 
  
 Net Income                 1,747         1,036         2,796         1,790 
  
 Provision for/ 
  (benefit from) 
  Income Tax                  981           557         1,637           963 
  
 Depreciation and 
  Amortization Expense        797           277         1,286           414 
  
 Net Interest 
  Expense / (Income)          480           260           723           355 
                       ----------    ----------    ----------    ---------- 
 EBITDA                     4,005         2,130         6,442         3,522 
                       ----------    ----------    ----------    ---------- 
  
  
 Basic Earnings 
  Per Share            $     0.42    $     0.24    $     0.69    $     0.40 
 Diluted Earnings 
  Per Share            $     0.40    $     0.22    $     0.65    $     0.37 
  
  
 Basic Shares           9,576,152     8,974,796     9,399,555     8,903,765 
 Diluted Shares         9,996,928     9,651,921     9,887,922     9,593,155 

Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services (IMS)
[phone]
Email Contact
Email Contact

[MikeDDKing]

IEC Electronics Started At Buy By Noble Financial

[MikeDDKing]

Those are good results. I've been picking up shares. L2 indicates IEC is gapping up!

[MikeDDKing]

IEC Announces Solid Second Quarter Revenue for Fiscal 2011 Investor Call May 3, 2011
On Friday April 15, 2011, 8:45 am

NEWARK, NY--(Marketwire - 04/15/11) - IEC Electronics Corp. (AMEX:IEC - News) announced today that on Tuesday, May 3, 2011 it will release its financial results for the second quarter ended April 1, 2011 and host a conference call to discuss those results with investors.

The Company expects to report revenue of approximately $35 million for the quarter, up 22% from revenue of $28.6 million in the first quarter ended December 31, 2010 and almost 40% from the second quarter of 2010.

W. Barry Gilbert, Chairman of the Board and CEO, stated, "We are pleased with the preliminary results for our second quarter and look forward to sharing our full results with shareholders."

Mr. Gilbert will lead the call and invites all interested parties to join management's discussion of the Company's financial results and other meaningful developments at 10:00am EDT on Tuesday, May 3, 2011.

The conference call may be accessed in the U.S. and Canada by dialing toll-free 1-877-407-9210. International callers may access the call by dialing 1-201-689-8049.

A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing 1-877-660-6853 and international callers may dial 1-201-612-7415. Callers must enter account number 286 and conference number 371226.

To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at http://www.InvestorCalendar.com. An online replay will be available shortly after the call.

About IEC Electronics
IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, and Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.
Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services
[phone]
Email Contact
Email Contact

[MikeDDKing]

IEC Announces Strong First Quarter for Fiscal 2011
On Thursday February 3, 2011, 8:45 am

NEWARK, NY--(Marketwire - 02/03/11) - IEC Electronics Corp. (AMEX:IEC - News)

Compared to Q1 2010...


-- Revenue increased by more than 50%

-- Operating Income increased by more than 45%

-- EBITDA increased by more than 70%

IEC Electronics Corp. (AMEX:IEC - News) announced its unaudited results for the first quarter of fiscal 2011 ending December 31, 2010.

The Company reported revenue of $28.7 million for the quarter, operating income of $1,963,000 and net income of $1,049,000 or $0.11 per diluted share. This compares to revenue in the prior year first quarter of $18.1 million, operating income of $1,313,000 and net income of $754,000 or $.08 per diluted share.

W. Barry Gilbert, Chairman of the Board and CEO, stated, "As previously announced, we acquired Southern California Braiding, Inc. ("SCB") on December 17, 2010. Between December 17 and our quarter end, we incurred approximately $70,000 of transitional start-up expenses. The more time we spend with SCB the more excited we become with the prospects for this acquisition and cross selling opportunities. As it was so near the end of the reporting period, the acquisition had almost no impact on our first quarter results. We enjoyed a strong quarter with continued sales, earnings and cash flow growth. During the quarter, we also experienced some challenges introducing a number of new projects while also managing an unusual level of product mix variations, resulting in some temporary inefficiencies amounting to approximately $200,000. With these first quarter inefficiencies behind us we remain confident in our outlook for 2011."

For the first quarter of 2011, IEC reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $2.4 million or $0.25 per diluted share, compared to EBITDA of $1.4 million or $0.15 per diluted share in the first quarter of 2010. As mentioned in the past, the Company views EBITDA as a useful measure of its operating performance because it eliminates the aberrations produced by its net operating loss carryforward (NOL), and enables the investment community to better evaluate long-term profitability and cash flow being generated by the Company. IEC's remaining NOL for federal and state taxes is approximately $33.2 million.

Gilbert also observed, "Some of our customers who were experiencing difficulty during the recession have begun to recover. Their commercial outlook is substantially brighter and we expect to reap the benefit of that growth, in addition to the market share gains we have made. We believe our increased market share is a result of the continued high level of commitment our employees have to deliver for our customers... Absolutely, Positively Perfect and On Time(SM)."

Conference Call

IEC will host a conference call with investors at 10:00 a.m. Eastern time today, February 3, 2011 to discuss its financial results for the quarter ended December 31, 2010. The call may be accessed in the U.S. and Canada by dialing toll-free 1-877-407-9210. International callers may access the call by dialing 1-201-689-8049. To access a live webcast of the conference call, log onto the IEC website at http://www.iec-electronics.com or http://www.InvestorCalendar.com.

A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing 1-877-660-6853 and international callers may dial 1-201-612-7415. Callers must enter account number 286 and conference number 366229.

About IEC Electronics

IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY, and Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, the ability of the Company to develop and maintain satisfactory relationships with vendors, and the ability of the Company to efficiently integrate acquired companies into its business. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.

                             IEC ELECTRONICS CORP - CONSOLIDATED 
                                           BALANCE SHEET 
                                    DEC 31, 2010 AND SEP 30, 2010 
                                          (In Thousands) 
  
                                          DEC 31, 2010         SEP 30, 2010 
 ASSETS 
  
 CURRENT ASSETS 
   Cash                                              0                    0 
   Accounts Receivable                          18,855               16,315 
   Inventories                                  18,841               12,068 
   Deferred Income Taxes                         4,329                3,359 
   Other Current Assets                          1,156                  234 
                                            ----------           ---------- 
     Total Current Assets                       43,181               31,976 
                                            ----------           ---------- 
  
 NET FIXED ASSETS                               14,832               13,098 
  
 NON-CURRENT ASSETS 
   Goodwill                                     21,147                   58 
   Intangible Assets                               420                  331 
   Deferred Income Taxes                         8,679               10,113 
   Other Non-Current Assets                        221                  106 
                                           -----------           ---------- 
 TOTAL ASSETS                                   88,480               55,682 
                                           ===========           ========== 
  
 LIABILITIES AND SHAREHOLDERS' EQUITY 
  
 CURRENT LIABILITIES 
   Short Term Borrowings                         6,905                2,899 
   Accounts Payable                             10,105                8,145 
   Accrued Payroll and Related Taxes             1,591                2,279 
   Other Accrued Expenses                        1,186                  941 
   Other Current Liabilities                     1,093                    0 
                                            ----------           ---------- 
     Total Current Liabilities                  20,880               14,264 
                                            ----------           ---------- 
  
 LONG TERM DEBT                                 40,392               15,999 
                                            ----------           ---------- 
 TOTAL LIABILITIES                              61,272               30,263 
  
 SHAREHOLDER'S EQUITY 
    Authorized - 50,000,000 shares 
    Issued - 10,359,057, Outstanding - 9,346,184 
   Common stock, par value $.01 per share          103                  101 
   Treasury Shares at Cost - 1,012,873 shares   (1,413)              (1,413) 
   Additional Paid-in Capital                   41,876               41,138 
   Retained Earnings                           (13,358)             (14,407) 
                                            ----------           ---------- 
 TOTAL SHAREHOLDER'S EQUITY                     27,208               25,419 
                                            ----------           ---------- 
  
 TOTAL LIABILITIES & EQUITY                     88,480               55,682 
                                            ==========           ========== 
  
  
  
                              IEC ELECTRONICS CORP - CONSOLIDATED 
                                      STATEMENT OF INCOME 
                        FOR QUARTER END & YTD DEC 31, 2010 AND DEC 25, 2009 
                                         (In Thousands) 
  
                         ACTUAL        PRIOR         ACTUAL        PRIOR 
                        QUARTER       QUARTER         YTD           YTD 
                      DEC 31, 2010  DEC 25, 2009  DEC 31, 2010  DEC 25, 2009 
  
 Sales                    28,644        18,060        28,644       18,060 
 Cost of Sales            24,061        15,247        24,061       15,247 
                        --------      --------      --------     -------- 
 Gross Profit              4,583         2,813         4,583        2,813 
  
 Less: Operating 
  Expenses 
   Selling & G&A           2,620         1,500         2,620        1,500 
   Other                       0             0             0            0 
                        --------      --------      --------     -------- 
 Total Operating 
  Expenses                 2,620         1,500         2,620        1,500 
                        --------      --------      --------     -------- 
  
 Operating Profit          1,963         1,313         1,963        1,313 
  
  
 Interest and Financing 
  Expense                    244            95           244           95 
 Other Expense/(Income)       13            58            13           58 
                        --------      --------      --------     -------- 
 Net Income before 
  Income Taxes             1,706         1,160         1,706        1,160 
  
  
   Provision for / 
   (benefit from)Income 
    Tax                      657           406           657          406 
                        --------      --------      --------     -------- 
  
 Net Income                1,049           754         1,049          754 
                        ========      ========      ========     ======== 
  
  
  
 Basic Earnings 
  Per Share                $0.11         $0.09         $0.11        $0.09 
 Diluted Earnings 
  Per Share                $0.11         $0.08         $0.11        $0.08 
  
  
 Basic Shares          9,224,877     8,828,604     9,224,877    8,828,604 
 Diluted Shares        9,766,022     9,526,342     9,766,022    9,526,342 
  
  
  
  
                              IEC ELECTRONICS CORP - CONSOLIDATED 
                             RECONCILIATION OF NET INCOME TO EBITDA 
                         FOR QUARTER END & YTD DEC 31, 2010 AND DEC 25, 2009 
                                          (In Thousands) 
  
                         ACTUAL         PRIOR       ACTUAL         PRIOR 
                         QUARTER       QUARTER        YTD           YTD 
                      DEC 31, 2010  DEC 25, 2009  DEC 31, 2010  DEC 25, 2009 
  
 Net Income                1,049           754         1,049          754 
  
 Provision for / 
  (benefit from) 
  Income Tax                 657           406           657          406 
  
 Depreciation and 
  Amortization Expense       489           137           489          137 
  
 Net Interest Expense / 
  (Income)                   244            95           244           95 
                        --------      --------      --------     -------- 
 EBITDA                    2,439         1,392         2,439        1,392 
                        --------      --------      --------     -------- 
  
  
 Basic Earnings 
  Per Share                $0.26         $0.16         $0.26        $0.16 
 Diluted Earnings 
  Per Share                $0.25         $0.15         $0.25        $0.15 
  
  
 Basic Shares          9,224,877     8,828,604     9,224,877    8,828,408 
 Diluted Shares        9,766,022     9,526,342     9,766,022    9,526,342

Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett or Jennifer Belodeau
Institutional Marketing Services
[phone]

[MikeDDKing]

IEC is accruing taxes on their income statement. That means that taxes are deducted from their income. However, their cashflow is even better than their earnings. This is in large part due to the fact that they only pay a tiny amount of taxes due to NOL's (see deferred tax expense on the cashflow statement).

My estimate of $0.80/share in EPS for fiscal 2011 is for earnings and not cashflow. Cashflow should be higher than earnings due to IEC's NOL's.

[Tipster1492]

Does that estimate include the fact that iec will not pay taxes due to the NOL's?

[MikeDDKing]

Here is the IEC presentation. I'm estimating $0.80/share in EPS in fiscal 2011.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7638330-4805-8141&type=sect&dcn=0001144204-11-000463

[MikeDDKing]

IEC Issues Updated Investor Presentation
On Tuesday January 4, 2011, 4:15 pm EST

NEWARK, NY--(Marketwire - 01/04/11) - IEC Electronics Corp. (AMEX:IEC - News) has filed a Form 8K with the Securities and Exchange Commission updating its investor presentation which may be found at www.sec.gov. IEC has also made the updated version of its investor presentation available at the Company's website, www.iec-electronics.com.

W. Barry Gilbert, Chairman of the Board and CEO, commented, "It is important that shareholders clearly understand how we are investing their funds. With our recent acquisition of Southern California Braiding, we've updated our investor presentation to provide additional information about the company we acquired, along with the effect of the acquisition on our Company's performance."

About IEC Electronics
IEC Electronics Corporation is a premier provider of electronic manufacturing services ("EMS") to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors. The Company specializes in the custom manufacture of high reliability, complex circuit cards, system level assemblies, a wide array of custom cable and wire harness assemblies, and precision sheet metal products. As a full service EMS provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485 certified company. The AS9100 certification enables IEC to serve the military and commercial aerospace markets. The ISO13485 certification supports the quality requirements of medical device markets. The Company is also ITAR registered and NSA approved under the COMSEC standard. IEC Electronics is headquartered in Newark, NY (outside of Rochester) and also has operations in Victor, NY, Rochester, NY Albuquerque, NM and Bell Gardens, CA. Additional information about IEC can be found on its web site at www.iec-electronics.com.

The foregoing, including any discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the Company to control manufacturing and operating costs, satisfactory relationships with vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the Company's 2010 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission.
Contact:



Contact:
Susan E. Topel-Samek
Vice President & CFO
IEC Electronics Corp.
[phone]
Email Contact
John Nesbett/Jennifer Belodeau
Institutional Marketing Services
[phone]

[MikeDDKing]

IEC gets a mention in a Seeking Alpha article:

http://seekingalpha.com/article/243803-marching-toward-2011-with-4-stock-ideas?source=qp_article

[Tipster1492]

This was posted on the Yahoo board:
I am a small time investor, very amateur but will give it a shot posting a brief analysis of IEC. I hold a very small amount of shares and would hold more if I did not have to diversify. Judging some of the income data from the yahoo finance sheets here is some information i have gathered that supports major increases in the p/e level from a fundamental standpoint. Any comments or suggestions are appreciated, so here it goes...

1st
Net income trend. quarterly over the last year.
quarter ending 12/25/09 saw net income at $753,000. This increased 37.58 % to $1,036,000 for quarter ending 03/26/2010. From $1,036,000 net income increased a further 19.5% to 1,238,000 for quarter ending 06/25/2010. From $1,238,000 net income increased an astounding 31.5% to 1,628,000 for quarter ending in 9/30/2010.

Profit Margins:
2010 saw a steady increase in IEC profit margins. the period from 12/25/09 to 03/26/2010 saw a profit margin of 15.58%. The following 3 quarters saw a profit margin of 15.92%, 17.84%, and 17.5% respectively. We can see a nice uptrend in the profit margins for the 1st 3 quarters with a slight decline for the last quarter.

Liquidity:
for the 4 quarters starting 12/25/09 IEC shows an acid-test ratio of 1.379, 1.248, 1.60, and 1.396 respectively. Meaning the company has been relatively liquid.

Debt to equity:
For the 4 quarters starting 12/25/09 IEC shows a debt to equity ratio of 1.518, 1.385, 1.248, and 1.19 respectively showing a steady downtrend in the amount of debt the company is holding as a percentage of it's assets. This is telling for the company as we will see it's value rise in the future if they continue to reduce debt.

My analysis indicates I was right in taking my long position and my decision has been reconfirmed by the latest economic data.

disclaimer: I am not a licensed broker or consultant.

[MikeDDKing]

Awesome!