IEH Corporation Q2 2024 revenues increased 52% to $7.1M, and Q1 2025 operating profit and net profit reversed losses from prior year.
IEH Corporation, a maker of printed circuit board (PCB) connectors, reported a 52% increase in revenues for Q2 2024, reaching $7.1M from $4.7M in the same quarter the prior year. The company posted an operating profit of $332K for Q1 2025, reversing a $1.3M loss in the same period of 2024. IEH's net profit for Q1 2025 was $392K, compared to a $1.3M loss in the same period of 2024. The firm attributes these improvements to higher revenue, gross margins, and operating income, as well as strong growth projections in defense-related business.
August 13, 2024
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