secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001048268-24-000099
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IES Holdings Q3 revenue up 31% to $768M, EPS $2.67; Board authorizes $200M buyback
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- Q3 revenue $768M (+31% YoY); operating income $90.2M (+163%); net income $62.1M (+175%).
- Diluted EPS $2.67 vs $0.81 YoY; adjusted EPS $2.67 vs $1.08 YoY (+123%).
- Communications revenue $192.3M (+36%) driven by data center demand; Residential rev $377.5M (+19%).
- Commercial & Industrial rev $96.6M (+42%) but near-term decrease expected as large data center project ends.
- Board authorized new $200M share repurchase program on July 31, 2024; $20.9M repurchased in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000099/0001048268-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000099/iesc-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001048268-24-000099

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