IES Holdings, Inc. Reports Earnings Results for the Full Year Ended September 30, 2023
December 07, 2023 at 06:20 pm IST
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IES Holdings, Inc. reported earnings results for the full year ended September 30, 2023. For the full year, the company reported sales was USD 2,377.23 million compared to USD 2,166.81 million a year ago. Net income was USD 108.29 million compared to USD 34.76 million a year ago.
Basic earnings per share from continuing operations was USD 4.58 compared to USD 1.45 a year ago. Diluted earnings per share from continuing operations was USD 4.54 compared to USD 1.44 a year ago.
IES Holdings, Inc. is a provider of electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. The Company's Communications segment offers technology infrastructure services, including the design, build, and maintenance of the communications infrastructure within data centers. Its Residential segment offers electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Its Infrastructure Solutions segment provides electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. This segment also offers structural steel fabrication and services, with a 450,000 square feet of manufacturing space on a 60-acre campus. Its Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services.