IEC Electronics Corp (NASDAQ:IEC) CEO Jeff Schlarbaum tells Proactive the New York-based group's second quarter results for 2021 included revenue of $45.4 million, a year-over-year increase of 2.7% from $44.2 million at the same stage in 2020. Schlarbaum says while a few 'major technical challenges' put downward pressure on its margins with work delays, the silver lining is its third quarter, he expects more normalized margin levels, at much higher revenue levels as well.
IEC Electronics reveals rise in revenue in fiscal 2Q, expects traction to continue to 3Q
