earnings
confidence high
sentiment positive
materiality 0.75
Energy Services of America reports record Q1: revenue $90.2M, net income $2.0M, EPS $0.12
Energy Services of America CORP
2024-Q1 EPS reported
$0.12
revenue$90,163,187
- Revenue $90.2M, up 50% YoY from $60.0M; net income $2.0M ($0.12 diluted EPS) vs. $0.14M ($0.01) prior year.
- Adjusted EBITDA $5.8M, more than double the $2.6M in Q1 fiscal 2023.
- Backlog $185.9M at Dec 31, 2023, down from $206.9M a year earlier but still robust.
- Management calls Q1 the best first fiscal quarter in company history.
- Cost of revenues $79.3M; gross profit $10.8M, up from $6.0M in prior year.