Industrial Services of America, Inc. (IDSA)

[Rawnoc]

Metals Recycler Industrial Services Jumps On 2Q Revenue View

Last Update: 6/24/2010 11:05:17 AM

DOW JONES NEWSWIRES

Industrial Services of America Inc. (IDSA) expects second-quarter revenue to more
than double from a year earlier, sending shares rallying.

The Kentucky-based recycler of various scrap metals rose 10% to $11.51 in recent
trading. The stock is up 81% so far this year and has nearly tripled in the past
12 months.

Industrial Services said the second quarter "is progressing very well," and it
projected revenue of $82 million to $86 million, compared with $39.1 million a
year earlier.

In May, Industrial Services said its first-quarter revenue more than tripled and
profit soared as the company said it expected worldwide demand for scrap metals
to remain strong amid improvement in the global economy and growth of emerging
markets.

The company in recent years has expanded and upgraded its facilities as well as
made acquisitions.

-By Nathan Becker, Dow Jones Newswires; 212-416-2855; [e-mail];

(END) Dow Jones Newswires

June 24, 2010 11:05 ET (15:05 GMT)