Quarterly ResultJun 12, 2026, 03:41 PM
IEH Corp Reports FY26 Revenue +2.2%; Operating Loss $1.6M; Backlog Triples
AI Summary
IEH Corporation reported its fiscal year 2026 financial results, with revenue increasing by 2.2% to $29.4 million. The company experienced an operating loss of $1.6 million and a net income loss of $1.3 million, primarily due to increased gold costs and tariff charges. Despite these challenges, IEH achieved an all-time high in backlog, driven by missile defense programs, and saw its shares more than double after the SEC dismissed administrative proceedings and the company uplisted to OTCQX.
Key Highlights
- Revenue increased 2.2% to $29,417,600 for Fiscal Year 2026.
- Operating income resulted in a $1,625,634 loss for Fiscal Year 2026.
- Net income loss was $1,333,285 for Fiscal Year 2026.
- Basic loss per share was $0.53 for Fiscal Year 2026.
- Backlog reached an all-time high, tripling in the past year and doubling in the last five months.
- SEC dismissed administrative proceedings, leading to uplisting to OTCQX.
- Cash remained stable over the past 12 months.
Price Impact
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