Energy Services of America (ESOA) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Gross profit was $6.2 million, compared to$3.9 million in the prior-year quarter. Gross margin was 8.8% of revenues, compared to 7.3% of revenues in the second quarter of fiscal 2023. The increase is related to sales mix across the business. Selling and administrative expenses were $7.3 million, compared to$5.9 million in the prior-year quarter. The increase is primarily related to additional personnel hired to secure and manage work for expected growth. Energy Services of America Reports Fis ...