https://www.accesswire.com/535000/IEH-Corporation-Announces-Third-Quarter-Fiscal-Year-2019-Results

BROOKLYN, NY / ACCESSWIRE / February 11, 2019 / IEH Corporation (OTCQB: IEHC) today announced results for the third quarter of fiscal year 2019, ended December 28th, 2018.

IEH Corporation reported revenues of $5.98 million for the third quarter of fiscal year 2019, an increase of 14% as compared to revenues of $5.23 million for the third quarter of fiscal year 2018. For the nine months ended December 28, 2018, revenue was $21.6 million, compared to $16.3 million in the first nine months of fiscal year 2018, an increase of 33%. Operating Income for the quarter increased by 53% over the same quarter of the last fiscal year. Net Income was $788,880 for the current quarter, or $.33 per share, compared to net income of $474,908, or $.20 per share, in the same quarter of the prior year, an increase of 66%.