NEWARK, NY -- IEC Electronics reported fiscal second-quarter net income rose 49% year-over-year to $2.61 million.

The EMS company said revenue rose 8% year-over-year to $38 million for the period ended March 30. EBITDA rose 37% to $5.5 million, while the gross profit margin was 21.7% and operating margin was 11.8%.

Chairman and CEO  W. Barry Gilbert said, "This was an excellent quarter with meaningful improvements across all of our important financial metrics. [I]t was the shift to higher margin product mix in combination with operational improvement in all segments of the business that produced these historically strong results. All of our businesses operated better than they did last quarter."

Gilbert said the company expects operating margins to return closer to 10% over the next 18 months, which would be ahead of the contract printed circuit board assembler's average operating margin for the past two years of approximately 8%.

He added that IEC expects to reduce its debt by approximately $9 million for the fiscal year ending in September.

Current backlogs are about 10% lower than the backlog figure reported in the firm's fiscal 2011 10-K.

For the first half, military/aerospace sector decreased eight points as a percentage of sales to 43% on a slowdown in military spending; medical was down one point to 25%; industrial and communications sectors rose nine points to 32% of sales. IEC said it has not had any military program cancellations.

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纽瓦克，纽约 - IEC电子报财年第二季度净收入2.61亿美元，去年同期相比上涨了49％。

EMS公司表示，收入增长8％，去年同期相比，今年3月30日止期间的38亿美元。 EBITDA同比增长37％至550万美元，而毛利率为21.7％，营业利润率为11.8％。

公司董事长兼首席执行官W·巴里·吉尔伯特说，“在所有我们的重要财务指标的有意义的改善，这是一个出色的季度。”[我] T是结合转变，业务改善，利润率较高的产品组合，在所有业务分部这些历史上的强劲业绩。我们所有的业务运行得更好，比他们最后一个季度。“

吉尔伯特说，该公司预计经营利润返回接近10％，在未来18个月，这将是未来的印刷电路板汇编的平均营业利润率约8％，为过去两年年的合同。

他补充说，符合IEC预计将减少约900万美元，在截至9月份的本财年其债务。

目前积压的低约10％的积压数字比该公司2011财年的10-K报告。

上半年，军事/航空航天部门的8分占销售额的比例下降到43％军费开支放缓;医疗下跌了一个点至25％，工业和通讯业上涨9点至32％的销售额。符合IEC表示，它已经没有任何军事计划取消。

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