secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001048268-23-000098
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IES Holdings Q4 EPS $1.66 vs $0.72 YoY; revenue up 5%; promotes Simmes to President
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- Q4 revenue $649M (+5% YoY); net income $37.8M (+133%); diluted EPS $1.66.
- FY2023 revenue $2.4B (+10%); operating income $159.8M (+185%); diluted EPS $4.54.
- Residential segment reorganized; op income $82.9M (+41%) despite severance costs.
- No debt; cash $75.8M; $37.6M buyback remaining; operating cash flow $153.9M.
- Simmes promoted to President & COO; granted 25k phantom stock units vesting 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000098/0001048268-23-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826823000098/iesc-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001048268-23-000098

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