secwatch.observer — SEC 8-K summary
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Issuer:     IES Holdings, Inc. (IESC)
CIK:        0001048268
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001048268-24-000135
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IES Q4 revenue $776M (+20%), EPS $3.06; FY24 EPS $9.89; backlog $1.8B
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- Q4 revenue $776M (+20% YoY); operating income $75.0M (+41%); net income $63.1M (+67%); diluted EPS $3.06.
- Full-year FY24 revenue $2.9B (+21%); net income $219.1M (+102%); diluted EPS $9.89; adjusted EPS $9.62.
- Backlog of $1.8B and remaining performance obligations of $1.2B as of Sept 30, 2024.
- Executive bonuses: CEO Gendell $1.5M, COO Simmes $2.285M, CFO McLauchlin $300K, GC Newman $200K; Simmes eligible for supplementary STIP up to $7.5M.
- Special equity grants: 50k/40k/6k/5k PSUs to CEO/COO/CFO/GC; $198.1M remains under $200M buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000135/0001048268-24-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048268/000104826824000135/iesc-20241121.htm
  HTML page:      https://secwatch.observer/filing/0001048268-24-000135

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