Ies Holdings Inc Stock Price, News & Analysis

IES Holdings (NASDAQ: IESC) will release its fiscal 2025 fourth quarter and year-end results before the market opens on Friday, November 21, 2025.

Investors can expect the earnings release to be published on that date and to cover Q4 and full fiscal year 2025 results.

IES Holdings (NASDAQ: IESC) agreed to acquire Gulf Island Fabrication (NASDAQ: GIFI) for $12.00 per share, representing an aggregate equity value of approximately $192 million. The boards approved the deal and it is expected to close in the quarter ending March 31, 2026, subject to Gulf Island shareholder approval, regulatory clearances including Hart-Scott-Rodino, and customary conditions. About 20% of Gulf Island shares are committed to vote in favor and IES, which owns ~3.5%, will vote for the transaction. Gulf Island will not hold its Q3 2025 earnings call due to the proposed transaction.

Deal adds a 450,000 sq ft Houma fabrication campus and expanded specialty services to IES’s footprint, aimed at supporting data center and U.S. infrastructure work.

IES Holdings (NASDAQ: IESC) announced its participation in the upcoming 16th Annual Midwest IDEAS Investor Conference. CEO Matt Simmes and CFO Tracy McLauchlin will deliver a presentation on August 27, 2025, at 4:50 PM CT at The InterContinental in Chicago.

Investors can access the presentation through the conference website at threepartadvisors.com/midwest, and presentation materials will be available on IES's investor relations website.

IES Holdings (NASDAQ: IESC) reported strong fiscal Q3 2025 results with revenue reaching $890 million, up 16% year-over-year. The company achieved operating income of $111.9 million, increasing 24%, and net income of $77.2 million, also up 24% compared to Q3 2024.

Three of four segments showed significant growth: Communications revenue surged 56% to $299.2M, Infrastructure Solutions grew 27% to $129.5M, and Commercial & Industrial increased 20% to $115.4M. However, the Residential segment declined 8% to $346.1M due to housing market challenges.

The company maintains a strong financial position with $88.4 million in net cash, $66.8 million in marketable securities, and a substantial backlog of $2.1 billion. Post-quarter, IES acquired Qypsys, a Tampa-based wireless network infrastructure provider, and purchased the remaining 20% stake in Edmonson Electric.

IES Holdings (NASDAQ:IESC) has scheduled the release of its fiscal 2025 third quarter financial results. The company will announce its earnings before market opening on Friday, August 1, 2025.

IES Holdings (NASDAQ: IESC) has completed its previously announced executive succession plan, with significant leadership changes at the top. Matt Simmes has been appointed as the company's new President and Chief Executive Officer, succeeding Jeff Gendell, who transitions to the role of Executive Chairman of the Board. Additionally, Simmes joins the Company's Board of Directors.

In a parallel move, the company announced the appointment of Jordan Lyman as President of IES's Residential segment. Lyman brings over 20 years of experience at IES Residential, including 14 years as Division Manager of the San Antonio Division. He has also been serving on IES Residential's Steering Committee, contributing to operational and process improvements.

IES Holdings announced a planned CEO succession, with Matthew Simmes, current President and COO, set to succeed Jeffrey Gendell as Chief Executive Officer effective July 1, 2025. Simmes, a 31-year veteran of IES, will maintain his role as President and join the Board of Directors. Gendell, who has served as Chairman since 2016 and CEO since 2020, will transition to Executive Chairman, continuing to lead the Board and focus on strategic initiatives including organic growth, acquisitions, and capital allocation. Simmes' extensive experience includes serving as President of the Communications segment (2017-2021) and various leadership roles, contributing to the company's operational and financial success across its four business segments.

IES Holdings (NASDAQ: IESC) has appointed Kelly C. Janzen to its Board of Directors, effective May 12, 2025. Janzen brings over 30 years of financial leadership experience and currently serves as Executive Vice President and CFO of Vestis Corporation (NYSE: VSTS). Her extensive career includes key positions at prominent companies such as BlueLinx Corporation, WestRock Company, Baker Hughes, and McDermott International. Prior to her current role, she worked as a finance executive at Fernweh Group and held various leadership positions at General Electric. Janzen holds a BS in Accounting from Louisiana State University.

IES Holdings (NASDAQ: IESC) reported strong Q2 FY2025 financial results, with revenue increasing 18% to $834 million and operating income rising 19% to $92.7 million compared to Q2 FY2024. Net income grew 34% to $70.7 million, with diluted EPS of $3.50. The Communications, Infrastructure Solutions, and Commercial & Industrial segments showed robust performance, particularly in the data center market. However, the Residential segment faced challenges due to housing affordability issues and high mortgage rates. The company maintains a strong backlog of $1.8 billion and completed strategic moves including the acquisition of Arrow Engine Company and expansion of production facilities. IES ended the quarter with $22.4 million in cash and $65.8 million in marketable securities, while continuing its stock buyback program with 118,314 shares repurchased for $20.4 million.