The top 10 competitors in Newark's competitive set are Digi-Key, America II, Future Electronics, Mouser, Master Electronics, RS, Sager Electronics, Pasternack, Distrelec and Allied. The company has been actively trying to prevent their stock from being delisted. Newark element14 is a subsidiary of Premier Farnell, a top UK electronic and industrial parts supplier. Unknown . Newark (doing business as Newark element14) offers all sorts of electronic goods in one place, and in places all across the Americas. Digital Billboard Advertising Market research Report is an inestimable supply of perceptive information for business strategists. Together they have raised over 0 between their estimated 19.9K employees. Founded 1970; Incorporated ; Annual Revenue $525,143,000.00; Employee Count 331; Industries Electronic Parts And Equipment, Nec; Contacts Dan Hill ; Contact … Your browser will redirect to your requested content 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Net income was $2.1 million, up 75% compared to the fiscal third quarter of 2019. The reasons for deficiency included failure to file a quarterly report in a timely manner. [])-[])) NEWARK, NY – IEC Electronics Corp. reported fiscal third quarter revenues of $47.4 million, an increase of 17% year-over-year and 7% sequentially.Net income was $2.1 million, up 75% compared to the fiscal third quarter of 2019. Despite the challenging economic and public health landscape of the past several months, we solidly surpassed that revenue benchmark in the quarter, as well as delivered gross margins of 14%, which we believe is among the highest in our industry, which is a testament to our growing role as a highly capable and reliable electronic manufacturing solutions provider for complex products in highly regulated industries, and also demonstrates the resilience of our employees who have continued to get the job done while navigating a pandemic.“We continue to generate bookings from a diverse base of customers and remain focused on end markets that value our exclusively US-based production model and who recognize the advantages of our vertically integrated manufacturing solutions for mission-critical and life-saving products. Net income was $4.8 million, an increase of 60% compared to the first nine months of fiscal 2019. Newark Corporation N. Newark Corporation CLAIM THIS BUSINESS. Annual Revenue . Create Comparison. Operating income was $7.2 million, an increase of 48%.Operating cash flow for the nine-month period was $7.8 million, compared to $9.2 million in the same period last year.“IEC delivered a strong third quarter, as demonstrated by revenue of $47.4 million, representing growth of 17% year-over-year, as well as a sequential increase of 7% compared to the second quarter of fiscal 2020,” said Jeffrey T. Schlarbaum, president and CEO of IEC Electronics.
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