IEC Electronics Corp. (IEC: Quote) reported third-quarter net income of $2.2 million or $0.22 per share, up from $1.3 million or $0.13 per share in the comparable quarter last year.
On average, 2 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the latest quarter rose to $36.0 million from $34.6 million last year. Analysts expected revenues of $37.75 million for the quarter.
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by RTT Staff Writer
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