Industrial Services of America, Inc. Announces Substantial Improvement in Financial 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-Q for the quarter ended June 30, 2017. The Company reported a net loss of $648 thousand for the six months ended June 30, 2017 compared to a net loss of $2,052 thousand for the six months ended June 30, 2016. Further, the Company reported positive Adjusted EBITDA of $907 thousand during the six months ended June 30, 2017, which marks a substantial improvement compared to the Adjusted EBITDA loss of $397 thousand during the six months ended June 30, 2016. This improvement in operating performance was due in part to the successful start-up of the
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