---
schema_version: "secwatch.filing_event.v1"
accession: "0001048268-24-000027"
form_type: "8-K"
ticker: "IESC"
cik: "0001048268"
company_name: "IES Holdings, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:42:48.851344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IES Holdings Q1 revenue $634M (+10% YoY), EPS $1.87, operating income up 43%

## Summary
- Revenue $634M, up 10% from $575M; operating income $58.0M, up 43% from $40.7M (prior year included $13M gain on STR sale).
- Net income $41.0M, up 55%; diluted EPS $1.87 vs $1.14; adjusted EPS $1.87 vs $0.82 (106% increase).
- Communications rev $170.7M (+16%), Residential rev $315.9M (-1%), Infrastructure Solutions $62.9M (+28%), C&I $85.0M (+41%).
- Cash $87.5M, no debt; backlog $1.5B; remaining performance obligations $1.1B.
- $37.6M remaining under stock repurchase authorization; no shares bought in quarter.

## SEC filing metadata
- accession: 0001048268-24-000027
- form_type: 8-K
- ticker: IESC
- cik: 0001048268
- company_name: IES Holdings, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048268/000104826824000027/0001048268-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048268/000104826824000027/iesc-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048268-24-000027
- JSON: https://secwatch.observer/filing/0001048268-24-000027.json
- Plain text: https://secwatch.observer/filing/0001048268-24-000027.txt

## Key facts
- Earnings Releases
  IES Holdings, Inc. reported the quarter ended December 31, 2023 results: revenue $634 million, net income $41.0 million, EPS $1.87.
  - Period: the quarter ended December 31, 2023
  - Revenue: $634 million
  - Net income: $41.0 million
  - EPS: $1.87
  - Result: reported results
  source text: First Quarter 2024 Highlights • Revenue of $634 million for the first quarter of fiscal 2024, an increase of 10% compared with $575 million for the same quarter of fiscal 2023 • Operating income of $58.0 million for the first quarter of fiscal 2024, an increase of 43% compared with $40.7 million for the same quarter of fiscal 2023; operating income for the first quarter of fiscal 2023 included a pretax gain of $13.0 million from the sale of STR Mechanical in October 2022 • Net income attributable to IES of $41.0 million for the first quarter of fiscal 2024, an increase of 55% compared with $26.4 million for the same quarter of fiscal 2023, and diluted earnings per share attributable to common stockholders of $1.87 for the first quarter of fiscal 2024, compared with $1.14 for the same quarter of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048268/000104826824000027/0001048268-24-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.