secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001048268-22-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IES Holdings Q2 FY2022: revenue $502M (+51%), net loss $5.4M vs $12.8M profit YoY
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- Revenue $502M (+51% YoY); net loss attributable to IES $5.4M ($0.30 diluted) vs net income $12.8M ($0.58) in prior year.
- Commercial & Industrial segment reports operating loss $13.6M including $12.1M loss on two projects at a single branch; segment under strategic review.
- Communications segment operating income down 98% to $0.2M due to $9.3M loss on expansion into new service area; bidding suspended.
- Residential segment revenue up 73%; operating income up 41% to $11.9M; Infrastructure Solutions revenue up 20% but operating income down 79%.
- Operating cash flow $21.6M; credit facility amended to $150M; 810,618 shares remain under repurchase authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826822000049/0001048268-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826822000049/iesc-20220429.htm
  HTML page:      https://secwatch.observer/filing/0001048268-22-000049

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