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Forbes ranks IEC 6th on best small companies lis

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Post# of 31
Posted On: 11/12/2012 7:13:00 AM
Posted By: Serial Investor


Forbes ranks IEC 6th on best small companies list in America



IEC Electronics Corp., a leading full-service EMS provider specializing in complex electronics, was ranked No. 6 on the Forbes 100 Best Small Companies in America. The list can be accessed online at www.forbes.com/best-small-companies /.


To qualify for the Forbes Best Small Companies List, companies must have sales between $5 million and $1 billion, a stock price no lower than $5, and be publicly traded for at least one year. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Additionally, Forbes compares the stock performance of each company with that of its peers. The list excludes financial institutions, REITs, utilities and limited partnerships.


“We are pleased to have achieved a top ten ranking on the Forbes 100 Best Small Companies list for the second consecutive year,” W. Barry Gilbert, Chairman of the Board and CEO, said. “Last year, Forbes ranked us 3 out of 100 companies and before that in 2009, we were ranked 29 out of 200 companies. We’re grateful for the distinction and believe that this recognition is an endorsement of the strength and dedication of our management team and employees in delivering the unique capabilities our company offers its customers.”




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