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IES Holdings, Inc. - IESC STOCK NEWS

Welcome to our dedicated news page for IES Holdings (Ticker: IESC), a resource for investors and traders seeking the latest updates and insights on IES Holdings .

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IES Holdings 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IES Holdings 's position in the market.

Rhea-AI Summary

IES Holdings, Inc. (IESC) is set to announce its fiscal 2024 second quarter results on May 3, 2024. Investors are eagerly anticipating the earnings release to gauge the company's financial performance.

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End-of-Day
0.1%
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Rhea-AI Summary
IES Holdings, Inc. (IESC) acquires Greiner Industries, Inc., a structural steel fabrication company, expanding its presence in the Mid-Atlantic market. Greiner's 2023 revenue was $58 million. The acquisition includes Greiner's facilities covering 450,000-square feet on a 60-acre campus. Greiner will operate under its name within IES's Infrastructure Solutions segment, enhancing product offerings and capacity.
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0.64%
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IES Holdings, Inc. (IESC) reported a 10% increase in revenue to $634 million for the first quarter of fiscal 2024 compared to the same quarter of fiscal 2023. Operating income also rose by 43% to $58.0 million. Net income attributable to IES surged by 55% to $41.0 million, with diluted earnings per share reaching $1.87. Adjusted net income saw a significant increase of 106% to $41.0 million. The company's remaining performance obligations stood at approximately $1.1 billion, and backlog reached $1.5 billion as of December 31, 2023. Chairman and CEO Jeff Gendell expressed satisfaction with the financial performance and highlighted the growth in revenue and operating income, attributing it to process improvements and favorable market conditions.
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0.76%
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IES Holdings, Inc. (IESC) is set to release its fiscal 2024 first quarter results on February 2, 2024, before the market opens. Investors and traders are keen to analyze the financial data to make informed decisions.
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1.7%
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IES Holdings, Inc. (IESC) announced financial results for Q4 and fiscal year 2023, reporting a 5% increase in revenue to $649 million for Q4 2023 compared to the same period in 2022. Operating income for Q4 2023 increased by 112% to $53.2 million, and net income attributable to IES increased by 133% to $37.8 million. For the fiscal year 2023, revenue increased by 10% to $2.4 billion, operating income increased by 185% to $159.8 million, and net income attributable to IES increased by 212% to $108.3 million.
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4.87%
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IES Holdings, Inc. (IESC) promotes Matthew Simmes to President and Chief Operating Officer, reflecting his 30 years of leadership and success in reorganizing the Residential segment and implementing operational improvements. Simmes will continue to manage the operations of all four operating segments, reporting to Chairman and CEO Jeff Gendell.
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End-of-Day
4.87%
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IES Holdings, Inc. (IESC) to release fiscal 2023 Q4 and year-end results on December 7, 2023
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-1%
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-0.53%
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Rhea-AI Summary
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Rhea-AI Sentiment
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14.84%
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IES Holdings, Inc. (NASDAQ: IESC) will release its fiscal 2023 third quarter results on August 4, 2023.
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Rhea-AI Sentiment
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0.56%
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IES Holdings, Inc.

Nasdaq:IESC

IESC Rankings

IESC Stock Data

2.68B
8.49M
2%
91.37%
0.85%
Electrical Contractors and Other Wiring Installation Contractors
Construction
Link
United States of America
HOUSTON

About IESC

ies services is a construction company located in 1505 sherrye dr, plano, texas, united states.