Industrial Services of America, Inc. (IDSA), a recycler of scrap metals based in Louisville, Kentucky, announced second quarter financial results today during regular trading hours. Revenues increased 77% to $34.5 million compared to $19.5 million for the same period last year. Net income surged 102% year over year to $1.66 million, or 46 cents per share, vs. $822,000, or 22 cents per share. On a sequential basis, revenues rose 32% and net income rose 52% over Q1 2008. The company had projected on June 23 that second quarter earnings would be in a range of $0.42 - $0.44 per share.