Business
IEH Corporation Filed Form 10-Q For Fiscal Quarter Ended September 30, 2025
IEH Corporation Filed Form 10-Q For Fiscal Quarter Ended September 30, 2025.
About this update from Ieh Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n IEH Corporation Filed Form 10-Q For Fiscal Quarter Ended September 30, 2025\r\n \r\n \r\n\r\n\r\nIEH Corporation Filed Form 10-Q For Fiscal Quarter Ended September 30, 2025\r\n\r\n\r\n\r\n\r\n\r\nBROOKLYN, NY / ACCESS Newswire / November 10, 2025 / IEH Corporation (OTC:IEHC) today filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 2nd fiscal quarter ended September 30, 2025.\r\n Highlights include:\r\n \r\n 3.6% Decrease in Revenue as compared to second quarter of Fiscal Year 2025\r\n $104,380 loss in Q2 Operating Income\r\n Cash 9% higher than second quarter of Fiscal Year 2025\r\n Increase in gold costs and tariffs weigh on margins\r\n Over $7 million in orders supporting missile defense programs booked in the quarter, leading to a nearly five-year high in backlog\r\n \r\n For the quarter ended September 30, 2025, IEH had revenues of $7,077,592 as compared to $7,341,124 for the quarter ended September 30, 2024, reflecting an 3.6% decrease; an operating loss of $104,380 for 2nd quarter fiscal year 2026 as compared to an operating gain of $173,196 for 2nd quarter fiscal year 2025; a net loss of $26,861 for 2nd quarter fiscal year 2026 as compared to a net gain of $246,443 for 2nd quarter fiscal year 2025; and a basic loss per share of $.01 for 2nd quarter fiscal year 2026 as compared to a basic gain per share of $.10 for 2nd quarter fiscal year 2025.\r\n Dave Offerman, President and CEO of IEH Corporation commented, \"While our losses narrowed compared to the first quarter of this fiscal year, the steep rise in gold, along with tariffs and other rising costs, continue to pressure our margins. While we continue to aggressively and strategically raise prices, we are still playing \"catch-up\" to these increases.\r\n Despite these cost pressures, our outlook for the coming quarters remains very positive. In this quarter alone we booked over $7 million in new orders in support of missile defense and other military programs. This has led to our highest backlog since December 2020. With global defense spending continuing to trend upwards, Federal initiatives to rebuild our stockpiles, and a strong sales pipeline, we expect this growth to continue. It is also worth noting that much of this business is sole-source and thus highly profitable, which should go a long way tow...