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May 24, 2015 11:55 AM ET

Electronic Equipment, Instruments and Components

Company Overview of ITT Interconnect Solutions Corp.

Company Overview

ITT Interconnect Solutions Corp. engages in the manufacture and supply of connectors, including circular, environment, mini circular, miniature ZIF, PCB interface, rectangular, fiber optic, RF, power and high voltage, audio, PCMCIA, compact flash card, enclosures, cable assemblies, and application specific custom solutions for automotive, computer/consumer, industrial instrumentation, military/aerospace, telecom/handsets, oil and gas, medical, and transportation markets. Its global presence supports manufacturing sites worldwide, rapid tooling/prototyping, fast time-to-market, high volume/high yield capacity, design and integrated product development, off-the-shelf availability of product th...

666 East Dyer Road

Santa Ana, CA 92705

United States

Founded in 1915

Phone:

714-557-4700

Fax:

714-628-2142

Key Executives for ITT Interconnect Solutions Corp.

Chief Executive Officer and President
Age: 57
Director of Product Management
Vice President of Sales
Compensation as of Fiscal Year 2014.

ITT Interconnect Solutions Corp. Key Developments

Interconnect Solutions Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Interconnect Solutions announced earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, total revenue decreased 10% to $91 million, with organic revenue down 7% as growth in North American and Middle Eastern oil and gas connectors was more than offset by weakness in defense and expected declines in non-strategic connectors. GAAP operating results increased $4 million to $2 million of income. Adjusted operating income increased 21% to $11 million, as net operating productivity and restructuring benefits more than offset lower volume and negative mix shift. For the full-year, total revenue decreased 1% to $393 million. GAAP operating income increased 56% to $22 million, and adjusted operating income was up 66% to $52 million, due to benefits from restructuring and improved operational performance.

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