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IEC ELECTRONICS CORP (IEC)
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Create: Alert |
All | News | Filings
Date Filed | Type | Description |
12/19/2013 |
8-K
| Amended existing or entered into new employment agreement with an officer, Quarterly results
Docs:
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"Fourth Amendment to Fourth Amended and Restated Credit Facility Agreement",
"Amended and Restated Employment Agreement between IEC Electronics Corp. and W. Barry Gilbert",
"IEC Announces Fourth Quarter and Fiscal 2013 Results Newark, NY – December 19, 2013 – IEC Electronics Corp. announced its results for the fiscal fourth quarter and fiscal year ending September 30, 2013. During the fourth quarter of fiscal 2013, the Company recorded an impairment charge of $14,217,000 related to its Southern California Braiding operation, which significantly impacted earnings. The charge was largely related to goodwill impairment at SCB. In the quarter ended September 30, 2013, the Company reported revenue of $39,122,000 and a net loss of $8,667,000 or per diluted share. This compares to revenue of $37,062,000 and net income of $1,586,000 or $0.16 per diluted share, for the fourth quarter in the prior year. For fiscal year 2013, IEC reported revenue of $140,946,000 and a ne..." |
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