ISA falls into red ink in 2d quarter
Aug 15, 2012 | 03:30 PM
| Sean Davidson
Tags
scrap,
Industrial Services of America,
ISA,
Brian Donaghy,
Harry Kletter,
Sean Davidson
NEW YORK — Industrial Services of America Inc. (ISA) posted a second-quarter net loss of nearly $1.24 million, in contrast to net income of $313,000 in the same period last year, on revenue that tumbled 23.4 percent to $49.85 million.
In a separate statement, the Louisville, Ky.-based company announced the departure of chief financial officer Robert Coleman for personal reasons. It indicated that vice president of finance Alan Schroering is serving as interim chief financial officer.....
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