December 14, 2016 / 1:52 PM / 9 months ago

BRIEF-IEC posts Q4 earnings per share $0.02

Dec 14 (Reuters) - IEC Electronics Corp

* IEC announces fiscal 2016 year end results

* Q4 sales fell 16.3 percent to $28.4 million

* Qtrly earnings per share $0.02

* Anticipate that backlog softness will continue through first half of fiscal 2017

* IEC Electronics Corp - believes backlog reduction will result in approximately $20 to $25 million in lower revenue primarily impacting first half of 2017

* Do not expect to be profitable in first half of 2017 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below