secwatch.observer — SEC 8-K summary
======================================

Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001048268-23-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IES Holdings Q1 revenue up 20% to $575M, adjusted EPS $0.82; backlog $1.3B
--------------------------------------------------------------------------

- Revenue $575M (+20% YoY); operating income $40.7M (incl. $13M gain from STR Mechanical sale).
- Adjusted net income $19.9M; adjusted diluted EPS $0.82 vs $0.83 in prior year.
- Residential segment revenue +32% to $318M; Infrastructure Solutions op income +176% to $4.7M.
- Stock buyback program authorized $40M; 219,731 shares repurchased at avg $30.97 in Q1.
- Expect to fully utilize federal NOLs in FY2023; began federal estimated tax payments in Jan 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000019/0001048268-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000019/iesc-20230203.htm
  HTML page:      https://secwatch.observer/filing/0001048268-23-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer