secwatch.observer — SEC 8-K summary
======================================

Issuer:     Energy Services of America CORP (ESOA)
CIK:        0001357971
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001104659-23-091422
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Services Q3 revenue record $85.5M; net income $3.4M, backlog jumps to $185.9M
--------------------------------------------------------------------------------

- Revenue $85.5M (largest quarter ever) vs $51.2M YoY; net income $3.4M ($0.21 diluted EPS) vs $1.6M.
- Adjusted EBITDA $7.5M for Q3, up from $4.1M a year ago; nine-month adjusted EBITDA $10.0M.
- Backlog at June 30, 2023: $185.9M vs $135.0M at June 30, 2022, reflecting strong demand.
- Nine-month revenue $199.2M (up 54% YoY); net income $1.68M vs $2.13M due to higher SG&A and interest.
- President cites investment in personnel driving record quarter; expects strong close to fiscal 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357971/000110465923091422/0001104659-23-091422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357971/000110465923091422/tm2323728d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-091422

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