---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-019744"
form_type: "8-K"
ticker: "ESOA"
cik: "0001357971"
company_name: "Energy Services of America CORP"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T15:46:32.879580+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Services of America posts Q1 net income of $164K on $60M revenue; backlog doubles to $206.9M

## Summary
- Net income of $164K (diluted EPS $0.01) vs $1.17M ($0.07) in prior-year quarter.
- Revenue increased 41% YoY to $60.0M from $42.7M.
- Adjusted EBITDA fell to $2.6M from $3.1M in the year-ago quarter.
- Backlog doubled to $206.9M from $101.6M, supported by natural gas, EV battery, and school projects.
- President Reynolds: Q1 did not meet expectations, but backlog positions company for a strong fiscal year.

## SEC filing metadata
- accession: 0001104659-23-019744
- form_type: 8-K
- ticker: ESOA
- cik: 0001357971
- company_name: Energy Services of America CORP
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357971/000110465923019744/0001104659-23-019744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357971/000110465923019744/tm236563d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-019744
- JSON: https://secwatch.observer/filing/0001104659-23-019744.json
- Plain text: https://secwatch.observer/filing/0001104659-23-019744.txt

## Key facts
- Earnings Releases
  Energy Services of America CORP reported the three months ended December 31, 2022 results: revenue $60.0 million, net income $164,000, EPS $0.01.
  - Period: the three months ended December 31, 2022
  - Revenue: $60.0 million
  - Net income: $164,000
  - EPS: $0.01
  - Result: reported results
  source text: of America Corporation (the “Company” or “Energy Services”) (Nasdaq: ESOA), generated net income of $164,000, fully diluted earnings per share of $0.01, revenues of $60.0 million, and adjusted EBITDA of $2.6 million for the three months ended December 31, 2022. The Company had an unaudited backlog of $206.9 million at December 31, 2022, as compared to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1357971/000110465923019744/0001104659-23-019744-index.htm

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