Industrial Services of America, Inc. Announces $2.1 Million Improvement in Operating Performance
INDUSTRIAL SERVICES of AMERICAN (IDSA)
US:NASDAQ Investor Relations:
isa-inc.com/investor-relations
Company Research
Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Industrial Services of America, Inc. (NASDAQ: IDSA), (the “Company” or “ISA”), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities, and buys used autos in order to sell used auto parts, today announced the filing with the U.S. Securities and Exchange Commission of its Form 10-K for the year ended December 31, 2017. ISA reported a 50.5% revenue increase and a $2.1 million improvement in net loss for the year ended December 31, 2017 compared to the same period in 2016. The Company reported a net loss of $1.1 million for the year ended December 31, 2017 compared to a net loss of $3.2 million for the year ended December 31, 2016. Further, the Company reported positive Adjusted EBITDA of $2.0 million during the year ended December 31, 2017, which marks a substantial improvement compared to the Adjusted EBITDA
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