secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001048268-24-000027
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 $634M (+10% YoY), EPS $1.87, operating income up 43%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000027/0001048268-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000027/iesc-20240202.htm
  HTML page:      https://secwatch.observer/filing/0001048268-24-000027

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