IES Holdings(IESC)

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IES (IESC) Fiscal Q3 Revenue Up 16%
The Motley Fool· 2025-08-01 21:18
Core Insights - IES reported a significant increase in revenue and net income for Q3 2025, exceeding Wall Street expectations, with revenue growing 16% to $890.2 million and non-GAAP EPS rising 45.2% to $3.95 compared to Q3 2024 [1][2] Financial Performance - Revenue for Q3 2025 reached $890 million, surpassing the consensus estimate of $833 million, and increased from $768 million in Q3 2024, reflecting a year-over-year growth of 15.9% [2] - Non-GAAP EPS was reported at $3.95, significantly higher than the expected $3.55 and up from $2.72 in the prior year, marking a 45.2% increase [2] - Operating income rose to $111.9 million, a 24.1% increase from $90.2 million in Q3 2024 [2] - Net income attributable to IES was $77.2 million, up 24.3% from $62.1 million in the same quarter last year [2] Business Overview - IES operates as a national provider of electrical and infrastructure services across various sectors, including Communications, Residential, Infrastructure Solutions, and Commercial & Industrial [3] - The company has focused on high-growth segments such as technology infrastructure and data centers, investing in capacity and targeted acquisitions [4] Segment Performance - The Communications and Infrastructure Solutions segments benefited from increased demand for data processing and storage, contributing to overall growth [5] - The Residential segment faced challenges, with revenue declining 8% to $346.1 million and operating income decreasing by 24%, attributed to a soft housing market [6] - The Commercial & Industrial segment experienced a 20% revenue growth, driven by activity in education, healthcare construction, and data center projects, although operating income remained flat compared to the previous year [7] Strategic Focus and Investments - IES is investing in technology and infrastructure capabilities, as evidenced by the Qypsys deal in Communications [8] - The company ended the quarter with cash and restricted cash totaling $108.4 million and marketable securities of $66.8 million, maintaining low net long-term debt of $20 million [9] Future Outlook - Management did not provide formal guidance but highlighted a record backlog and strong demand in data center infrastructure as indicators of growth potential [10] - Key areas to monitor include the performance of the Residential segment, margin performance in Commercial & Industrial, and the integration of new acquisitions [11]
IES Holdings(IESC) - 2025 Q3 - Earnings Call Presentation
2025-08-01 13:30
Financial Performance - Revenue for the third quarter of fiscal year 2025 was $890 million, a 16% increase year-over-year[7] - Operating income for the third quarter of fiscal year 2025 was $111.9 million, a 24% increase year-over-year[7] - Earnings per share for the third quarter of fiscal year 2025 was $3.81, and adjusted earnings per share was $3.95[7] - Year-to-date revenue for fiscal year 2025 reached $2473.7 million, a 17% increase compared to $2108.6 million in the same period of fiscal year 2024[9, 19] - Year-to-date earnings per share increased by 45% from $6.84 to $10.03[11] Segment Performance - Communications segment revenue for the third quarter of fiscal year 2025 was $299.2 million, a 56% increase from the third quarter of fiscal year 2024[14] - Residential segment revenue for the third quarter of fiscal year 2025 was $346.1 million, an 8% decrease from the third quarter of fiscal year 2024[14] - Infrastructure Solutions segment revenue for the third quarter of fiscal year 2025 was $129.5 million, a 27% increase from the third quarter of fiscal year 2024[14] - Commercial & Industrial segment revenue for the third quarter of fiscal year 2025 was $115.4 million, a 19% increase from the third quarter of fiscal year 2024[14] Backlog - Remaining performance obligations, a GAAP measure of future revenue, stood at $1.3 billion[7] - Record backlog reached $2.1 billion[7] - Agreements without an enforceable obligation are valued at $772 million[24]
IES Holdings(IESC) - 2025 Q3 - Quarterly Results
2025-08-01 11:55
FOR IMMEDIATE RELEASE EXHIBIT 99.1 IES Holdings Reports Fiscal 2025 Third Quarter Results HOUSTON — August 1, 2025 — IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2025. Third Quarter 2025 Highlights and Recent Developments Overview of Results "During the third quarter of fiscal 2025, we delivered continued strong performance with a 16% increase in revenue and a 24% increase in operating income compared with the third quarter of ...
IES Holdings(IESC) - 2025 Q3 - Quarterly Report
2025-08-01 11:50
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 IES Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 76-0542208 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 13131 Dairy Ashford Rd., Suite 500, Sugar Land, Texas 77478 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (713) 860-1500 Securities registered pursuant to Section 12(b) of the Act: Title ...
IES Holdings Reports Fiscal 2025 Third Quarter Results
Globenewswire· 2025-08-01 11:45
HOUSTON, Aug. 01, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2025. Third Quarter 2025 Highlights and Recent Developments Revenue of $890 million for the third quarter of fiscal 2025, an increase of 16% compared with $768 million for the same quarter of fiscal 2024Operating income of $111.9 million for the third quarter of fiscal 2025, an increase of 24% compared with $90.2 million for the same quarte ...
IES Holdings Announces Fiscal 2025 Third Quarter Results Earnings Release Schedule
Globenewswire· 2025-07-28 20:15
Core Viewpoint - IES Holdings, Inc. is set to release its fiscal 2025 third quarter results on August 1, 2025, before market opening [1] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, along with providing infrastructure products and services [2] - The company serves various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - IES employs over 9,000 individuals and operates primarily within the United States [2]
Matt Simmes Succeeds Jeff Gendell as Chief Executive Officer of IES Holdings, Inc.
Globenewswire· 2025-07-01 11:45
Core Viewpoint - IES Holdings, Inc. has completed its executive succession plan, appointing Matt Simmes as President and CEO, while Jeff Gendell transitions to Executive Chairman of the Board [1][2] Leadership Changes - Matt Simmes has taken over as President and CEO, expressing commitment to build on the company's growth legacy established under Jeff Gendell's leadership [2] - Jeff Gendell will continue to contribute as Executive Chairman, collaborating with Simmes and the senior leadership team [2] - Jordan Lyman has been appointed as President of IES's Residential segment, bringing over 20 years of experience within the company [2][3] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, serving various end markets including data centers, residential housing, and commercial and industrial facilities [4] - The company employs more than 9,000 individuals across the United States [4]
IES Holdings, Inc. Appoints Matthew Simmes to Succeed Jeffrey Gendell as Chief Executive Officer
Globenewswire· 2025-05-19 11:45
HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) announced today that Matthew Simmes, President and Chief Operating Officer, will succeed Jeffrey Gendell as Chief Executive Officer effective July 1, 2025, in accordance with the Company’s executive succession plan. In addition, Mr. Simmes will continue in his role as President of the Company and will join the Board of Directors. Mr. Gendell, who was appointed Chairman of the Board in 2016 and Chief Execu ...
IES Holdings: The Demand For Energy Continues
Seeking Alpha· 2025-05-05 12:58
Group 1 - The individual is pursuing an MBA and draws inspiration from renowned investors such as Warren Buffett, Peter Lynch, and Terry Smith, focusing on quality companies at reasonable valuations [1] - The belief is that long-term fundamentals drive share prices, with a focus on predicting a business's earnings per share [1]
IES Holdings(IESC) - 2025 Q2 - Earnings Call Presentation
2025-05-02 12:40
Financial Performance - Revenue for the second quarter of fiscal year 2025 reached $834 million, an 18% increase compared to $706 million in the second quarter of fiscal year 2024[7, 9] - Operating income for the second quarter of fiscal year 2025 was $92.7 million, a 19% increase from $77.7 million in the second quarter of fiscal year 2024[7, 9, 16] - Earnings per share for the second quarter of fiscal year 2025 were $3.50, while adjusted earnings per share were $3.30[7] - Year-to-date revenue for fiscal year 2025 totaled $1584 million, an 18% increase from $1340 million in the same period of fiscal year 2024[9, 16] - Year-to-date operating income for fiscal year 2025 was $167.3 million, a 23% increase from $135.7 million in the same period of fiscal year 2024[9, 16] - Year-to-date earnings per share reached $6.22, and adjusted earnings per share were $5.94, representing increases of 50% and 40% respectively[9] Segment Performance - Communications segment revenue for the second quarter of fiscal year 2025 was $273.1 million, a 41% increase from the second quarter of fiscal year 2024, with an 81% increase in operating income to $39.6 million[11, 19] - Infrastructure Solutions segment revenue for the second quarter of fiscal year 2025 was $117.6 million, a 55% increase from the second quarter of fiscal year 2024, with a 65% increase in operating income to $26.5 million[11, 19] Backlog - Remaining performance obligations, a GAAP measure of future revenue, stood at $1.2 billion[7] - Record backlog reached $1.8 billion[7] - Backlog increased from $1.363 billion on March 31, 2024, to $1.813 billion on March 31, 2025[13, 21]