Industrial Services Posts Revenue, Net Income Growth

Louisville, Ky. — Industrial Services of America Inc. reported second-quarter gross revenues of $34.1 million, an increase of more than 10 percent from the $30.9 million the company reported in the second quarter of 2003. The firm also reported a net income of $490,993 during second-quarter 2004, an increase of 7.5 percent from second-quarter 2003.

For the first six months of 2004, Industrial Services reported $86.8 million in gross revenue, an increase of 21.4 percent from the $56.7 million the company took in during the same period in 2003. The company’s net income for the first half of 2004 was $940,277, an increase of 243 percent from the $274,004 in net income in the same period last year.

TAGS: Financials