secwatch.observer — SEC 8-K summary
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Issuer:     Energy Services of America CORP (ESOA)
CIK:        0001357971
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001104659-24-088379
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Services of America Q3 net income $17.5M ($1.06 EPS) includes $11.4M legal judgment
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- Net income of $17.5M ($1.06 diluted EPS) vs $3.4M ($0.21) a year ago; includes $11.4M net from lawsuit judgment.
- Gross profit $15.3M (17.8% margin) vs $10.9M (12.7%) prior year, a 41% increase.
- Backlog $250.9M, up 13% from $222.8M at March 31, 2024 and 35% from $185.9M year ago.
- Adjusted EBITDA $10.8M vs $7.5M prior year; revenue flat at $85.9M.
- Debt reduced by nearly $14M in the quarter; management cites favorable tailwinds into fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357971/000110465924088379/0001104659-24-088379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357971/000110465924088379/tm2421434d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-088379

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