Energy Services of America reports Q2 revenue up 33% to $71.1M; net loss narrows to $1.1M

Energy Services of America CORP

2024-Q2 EPS reported $0.06 revenue$161,290,842

Revenue $71.1M (+33% YoY); gross profit $6.2M (+60%) driven by Gas & Petroleum Transmission and Electrical, Mechanical and General lines.
Net loss $1.1M ($0.07/share) vs $1.9M loss ($0.11) prior year; net loss improved $765K.
Adjusted EBITDA improved to $923K from a $120K loss in the prior-year quarter.
Backlog $222.8M, up $37M from Dec 31, 2023; company cites strong demand and staff initiatives.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Energy Services of America CORP reported financial results for for the three and six months ended March 31, 2024.

Period: for the three and six months ended March 31, 2024
Result: reported results

Exact text from the filing

On May 8, 2024, Energy Services of America Corporation issued a press release disclosing its results of operations and financial condition at and for the three and six months ended March 31, 2024.

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Source: SEC EDGAR

accession 0001104659-24-058694

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