secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001048268-23-000037
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 Q2 FY2023 net income $21.6M ($0.92/share) vs loss a year ago; revenue up 13% to $569M
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- Revenue $569M (+13% YoY); operating income $31.6M vs operating loss $4.9M in Q2 FY2022.
- Residential segment revenue $306.1M (+18%), operating income $16.8M (+41%); Communications op income $11.8M vs $0.2M.
- Backlog of $1.4B and remaining performance obligations of $1.0B as of March 31, 2023.
- Operating cash flow $60.1M YTD; $37.6M remaining under $40M stock buyback program as of March 31, 2023.
- All four segments improved profitability; C&I operating income $0.4M vs loss $13.6M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000037/0001048268-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000037/iesc-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001048268-23-000037

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