secwatch.observer — SEC 8-K summary
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Issuer:     Energy Services of America CORP (ESOA)
CIK:        0001357971
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001104659-23-019744
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357971/000110465923019744/0001104659-23-019744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357971/000110465923019744/tm236563d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-019744

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