8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 13, 2016

INDUSTRIAL SERVICES OF AMERICA, INC.

(Exact name of registrant as specified in its Charter)

Florida	0-20979	59-0712746
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

7100 Grade Lane, Louisville, Kentucky	40213
(Address of principal executive offices)	(Zip Code)

Company's telephone number, including area code: (502) 366-3452

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02        Results of Operations and Financial Condition.

On May 13, 2016, Industrial Services of America, Inc. issued a press release announcing its operating results for the quarter ended March 31, 2016.  A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. 

The information in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference therein.

Item 9.01        Financial Statements and Exhibits.

(d)       Exhibits

Exhibit No.     Description                                                                                                                

99.1                 Press release dated May 13, 2016.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	INDUSTRIAL SERVICES OF AMERICA, INC.
Date: May 13, 2016	By:	/s/ Orson Oliver
		Orson Oliver
		Interim Chief Executive Officer

INDEX TO EXHIBITS

Exhibit No.     Description                                                                                                                

99.1                 Press release dated May 13, 2016.

EX-99.1

Exhibit 99.1

Industrial Services of America, Inc.

Announces First Quarter 2016 Operating Results

LOUISVILLE, KY (May 13, 2016) -- 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 sells used auto parts, today announced the filing of its Form 10-Q for the Quarter Ended March 31, 2016.

The Company’s Net Loss improved by $1.7 million when comparing the first quarter of 2016 to the same period of 2015. Net Loss improved from a loss of $3.1 million during the first quarter of 2015 to a loss of $1.4 million during the first quarter of 2016. The May 2015 warm idling of the Company’s auto shredder and stabilized commodity markets allowed the Company to focus on its core business, including strong cost management.

During the first quarter of 2016, as previously announced, the Company refinanced its working capital line of credit with a new $6.0 million asset-based revolving facility.

Commenting on the Company’s results of operations, Sean Garber, President of ISA stated, “The stabilization of the metals commodity markets, our new financial partner and positive results from decisive actions during 2015 have allowed the Company to perform better during the first quarter of 2016. We will continue to focus on managing costs, improving gross margins and increasing volumes.”

ISA’s SEC filings are available for review at the Securities and Exchange Commission web site at http://www.sec.gov/edgar/searchedgar/companysearch.html.

About ISA

Headquartered in Louisville, Kentucky, Industrial Services of America, Inc., is a publicly traded company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities, and buys, dismantles and sells used auto parts. More information about ISA is available at 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 commodity prices, varying demand for metal recycling, competitive pressures in metal recycling markets, competitive pressures in the used auto parts market, availability of acquisition targets on terms and conditions satisfactory to the Company, availability of liquidity and loss of customers. Further information on factors that could affect ISA’s results is detailed in ISA’s filings with the Securities and Exchange Commission. ISA undertakes no obligation to publicly release the results of any revisions to the forward-looking statements.

Contact

Industrial Services of America, Inc.

Todd L. Phillips

Chief Financial Officer

502-366-3452