IEC Electronics Corp. (IEC) Tuesday reported first-quarter net income of $239 thousand or $0.02 per share, compared to $948 thousand or $0.09 per share in the same period last year.
On average, three analysts polled by Thomson Reuters expected the company to earn $0.17 per share. Analysts' estimates typically exclude special items.
Revenues for the quarter were $32.99 million, down from $33.86 million in the comparable quarter last year, while analysts on a consensus estimated revenues of $35.81 million for the quarter.
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