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Last $4.10 USD
Change Today +0.02 / 0.49%
Volume 8.0K
IEC On Other Exchanges
As of 8:04 PM 04/20/15 All times are local (Market data is delayed by at least 15 minutes).

iec electronics corp (IEC) Snapshot

Previous Close
Day High
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52 Week High
12/10/14 - $5.60
52 Week Low
04/9/15 - $3.15
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for IEC ELECTRONICS CORP (IEC)

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iec electronics corp (IEC) Details

IEC Electronics Corp. provides electronic contract manufacturing services to advanced technology companies in the United States. It specializes in the custom manufacture of complex circuit cards and system-level assemblies; an array of cable and wire harness assemblies; and precision sheet metal components. The company offers its assemblies for use in various products, such as aerospace and defense systems, medical devices, industrial equipment, and transportation products. It is also involved in assisting customers in mitigating the risk of purchasing counterfeit parts. The company serves aerospace and defense, medical, industrial, communications, and other sectors through a direct sales force, as well as through a network of manufacturer's representatives. IEC Electronics Corp. was founded in 1966 and is headquartered in Newark, New York.

994 Employees
Last Reported Date: 11/25/14
Founded in 1966

iec electronics corp (IEC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $110.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $111.7K
Compensation as of Fiscal Year 2014.

iec electronics corp (IEC) Key Developments

IEC Electronics Corp. Announces Resignation of Brett E. Mancini as Vice President, Business Development and Engineering Services, Effective April 9, 2015

IEC Electronics Corp. announced the resignation, effective April 9, 2015, of its Vice President, Business Development and Engineering Services, Brett E. Mancini.

IEC Electronics Appoints Jeffrey Schlarbaum as President and CEO

IEC Electronics reported that the Board of Directors has elected Jeffrey T. Schlarbaum to the office of President and Chief Executive Officer. Schlarbaum, age 48, served as IEC Electronic's President from October 2010 to February 2013. Prior to that, Schlarbaum served as the Company's Executive Vice President and President of Contract Manufacturing from October 2008 to October 2010, Executive Vice President from November 2006 to October 2008, and Vice President, Sales & Marketing from May 2004 to November 2006.

IEC Electronics Receives Non-Compliance Notice From NYSE MKT

IEC Electronics Corp. announced that on February 10, 2015, the Company received a deficiency letter from the NYSE MKT LLC (NYSE MKT) indicating that the IEC is not in compliance with Sections 134 and 1101 of the NYSE MKT's Company Guide (Company Guide) as a result of the Company's failure to file its quarterly report on Form 10-Q for the quarter ended December 26, 2014 by the requisite deadline of the Securities and Exchange Commission (SEC). The Company previously disclosed its inability to file the Quarterly Report with the SEC due to its pending restatement of its previously issued consolidated financial statements covering the Company's fiscal year ended September 30, 2014 and for the fiscal quarters ended March 28, 2014 and June 27, 2014 as described in the Company's Current Report on Form 8-K filed with the SEC on February 9, 2015. Additionally, the NYSE MKT asserted that the Company's failure to timely file the Quarterly Report is a material violation of its listing agreement with the NYSE MKT. Therefore, the Company has become subject to the procedures and requirements of Section 1009 of the Company Guide. Such procedures required the Company to communicate with the NYSE MKT by February 17, 2015 to confirm receipt of the Deficiency Letter and indicate whether or not it intended to submit a plan of compliance, which it did on February 16, 2015. The Company intends to submit a plan of compliance to the NYSE MKT by February 24, 2015 which will provide the NYSE MKT with the actions that the Company has taken or intends to take to bring the Company into compliance with Sections 134 and 1101 of the Company Guide by no later than May 11, 2015. If NYSE MKT accepts the plan but the Company is not in compliance with the continued listing standards of the Company Guide by May 11, 2015, or if the Company is not making progress consistent with the plan, the Company may be subject to delisting procedures.


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Price/Sales 0.3x
Price/Book 1.4x
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