Industrial Services of America, Inc. (NASDAQ: IDSA), a company that recycles stainless steel, ferrous and non-ferrous scrap metal today announced revenue guidance for the second quarter ending June 30, 2010.
The second quarter is progressing very well and the company expects revenues to be in the range of $82 - $86 million for the quarter compared with $39.1 million of revenues during the second quarter of 2009.
Chairman of the Board, Harry Kletter, will be presenting at the Sidoti Micro-Cap Conference on June 25, 2010 in New York. At the Conference, “investors will have access not only to informative 35-minute presentations, but one-on-one meetings with CEOs and other top executives, contingent upon demand”.
About ISAHeadquartered in Louisville, Kentucky, Industrial Services of America, Inc. buys, processes and markets scrap metals and recyclable materials for domestic users and export markets. Additionally, the company offers commercial, industrial and business customers a variety of programs and equipment to efficiently manage waste. More information about ISA is available at http://www.isa-inc.com. This news release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ from predicted results. Specific risks include fluctuations in the price of recycled materials, varying demand for waste managing systems, equipment and services, competitive pressures in the stainless steel, ferrous and non-ferrous scrap metal recycling business, competitive pressures in the waste managing business and loss of customers. Further information on factors that could affect the Company's results is detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to the forward-looking statements. The Company's SEC filings are available for review at the Securities and Exchange Commission web site at http://www.sec.gov/edgar/searchedgar/companysearch.html.