Dip in ferrous scrap shipments hurts ISA's second-qtr. results

Aug 05, 2005 | 07:51 AM |

Lower shipments of ferrous scrap in the second quarter took a toll on Industrial Services of America Inc.'s bottom line.

Revenues of $33.4 million were down just 1.9 percent from $34.1 million in the second quarter of 2004, but net income sagged 41.8 percent to $211,679 from $363,693 in the same comparison, the Louisville, Ky.,-based scrap processor and waste handler....

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