ISA results stumble in qtr.
Nov 10, 2010 | 10:53 AM
| Michael Marley
Industrial Services of America Inc.'s earnings slipped in the third quarter, but year-to-date results remained well ahead of the same period last year.
The Louisville, Ky.-based scrap processor posted net income of $1.9 million for the three months ended Sept. 30, down 11 percent from nearly $2.2 million a year earlier on revenue that fell 4.3 percent to $76.5 million from just shy of $80 million.
For the first nine months of the year, however, ISA's net income jumped 61.4 percent to more than $6 million from $3.7 million last year on revenue that climbed nearly 70 percent to $243.5 million from $143.3 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.