secwatch / observer
8-K filed December 6, 2022, 6:59 PM ET ticker IESC CIK 0001048268
earnings confidence high sentiment negative materiality 0.75

IES Holdings Q4 revenue up 28% to $617M but net income down 28%; Board authorizes new $40M buyback

IES Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IES Holdings, Inc. reported for the fourth quarter of fiscal 2022 ended September 30, 2022 results: revenue Revenue of $617 million for the fourth quarter of fiscal 2022, an increase of 28% compared with $484 million for the fou, net income Net income attributable to IES decreased 28% to $16.2 million for the fourth quarter of fiscal 2022, compared with $22.4, EPS diluted earnings per share attributable to common stockholders of $0.72 for the fourth quarter of fiscal 2022 compared w.

Period
for the fourth quarter of fiscal 2022 ended September 30, 2022
Revenue
Revenue of $617 million for the fourth quarter of fiscal 2022, an increase of 28% compared with $484 million for the fou
Net income
Net income attributable to IES decreased 28% to $16.2 million for the fourth quarter of fiscal 2022, compared with $22.4
EPS
diluted earnings per share attributable to common stockholders of $0.72 for the fourth quarter of fiscal 2022 compared w
Result
reported results
Exact text from the filing
Fourth Quarter 2022 Highlights • Revenue of $617 million for the fourth quarter of fiscal 2022, an increase of 28% compared with $484 million for the fourth quarter of fiscal 2021 • Operating income of $25.0 million for the fourth quarter of fiscal 2022, a decrease of 17% compared with $30.1 million for the same quarter of fiscal 2021 • Net income attributable to IES decreased 28% to $16.2 million for the fourth quarter of fiscal 2022, compared with $22.4 million for the same quarter of fiscal 2021; diluted earnings per share attributable to common stockholders of $0.72 for the fourth quarter of fiscal 2022 compared with $1.07 for the fourth quarter of fiscal 2021 • Adjusted net income attributable to IES (a non-GAAP financial measure, as defined below) decreased 23% to $20.9 million for the fourth quarter of 2022 compared with $27.3 million for the same quarter of fiscal 2021; adjusted diluted earnings per share attributable to common stockholders (a non-GAAP financial measure, as def
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IES Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001048268-22-000100
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