LRT Capital Management, an investment management company, released its “LRT Global Opportunities Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy leverages a systematic long/short approach to generate positive returns while effectively controlling downside risks and maintaining low net exposure to the equity markets. In September, the strategy returned -8.00% (net), and the YTD return was -0.17%. It was a challenging month for the strategy, as the marke ...

IES Holdings, Inc. (NASDAQ:IESC) is one of the 12 Stocks with Consistent Growth to Invest In. The company’s top executive makes a bold sale amid revenue increase and the acquisition of Qypsys. IES Holdings Expands Through Acquisition Amid Insider Stock Sales and Revenue Growth The company reported revenue of $890 million for the third quarter ended June 30, 2025, reaching a 16% increase compared to the same quarter the previous year. It also highlighted a backlog of approximately $2.1 billion. In additi ...

Core Points - IES Holdings, Inc. will present at the Midwest IDEAS Investor Conference on August 27, 2025, at 4:50pm CT [1] - The presentation will be webcast and accessible through the conference host's website [1] - Presentation materials will be available in the investor relations section of IES's website [1] Company Overview - IES Holdings, Inc. designs and installs integrated electrical and technology systems [2] - The company provides infrastructure products and services to various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - IES employs over 9,000 individuals serving clients across the United States [2]

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]

Overview of Results - IES Holdings, Inc. reported a 16% increase in revenue to $890 million for the third quarter of fiscal 2025 compared to $768 million in the same quarter of fiscal 2024 [6] - Operating income rose by 24% to $111.9 million from $90.2 million year-over-year [6] - Net income attributable to IES increased by 24% to $77.2 million, with diluted earnings per share rising to $3.81 from $2.67 [6][21] Segment Performance - The Communications segment generated revenue of $299.2 million, a 56% increase from $192.3 million in the prior year, with operating income rising to $47.8 million from $21.0 million [4][30] - The Residential segment's revenue decreased by 8% to $346.1 million due to a challenging housing market, with operating income falling to $33.4 million from $43.7 million [5][30] - Infrastructure Solutions segment revenue increased by 27% to $129.5 million, with operating income improving to $32.6 million from $19.8 million [7][30] - The Commercial & Industrial segment saw revenue rise by 20% to $115.4 million, with operating income slightly decreasing to $12.9 million from $13.0 million [8][30] Financial Position - Remaining performance obligations stood at approximately $1.3 billion, indicating future revenue to be recognized from current contracts [6][14] - Backlog was approximately $2.1 billion, reflecting signed agreements and letters of intent [6][14] - The company ended the quarter with $88.4 million in cash and restricted cash, net of debt, and $66.8 million in marketable securities [11] Capital Allocation and Investments - IES Holdings invested $17.1 million in capital expenditures and funded a $7 million deposit for the purchase of an industrial fabrication operation [12] - The company repurchased 33,900 shares of common stock for $5.3 million, with $168.0 million remaining under its stock repurchase authorization [12]

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]

Core Viewpoint - IES Holdings, Inc. announces the succession of Matthew Simmes as Chief Executive Officer effective July 1, 2025, as part of the company's executive succession plan, with Jeffrey Gendell transitioning to Executive Chairman [1] Group 1: Leadership Transition - Matthew Simmes has over 31 years of experience at IES, having held various senior roles, including President and Chief Operating Officer since 2023 [2] - Jeffrey Gendell, who has been with the company since 2016, will continue to lead the Board of Directors while working closely with Simmes [1][3] Group 2: Strategic Focus - Gendell emphasizes that Simmes' leadership has been crucial for the operational and financial success of IES's four business segments and in executing the company's strategic vision [3] - The company has experienced significant growth over the last five years, positioning Simmes well for the CEO role [3] Group 3: Company Overview - IES designs and installs integrated electrical and technology systems, providing infrastructure products and services across various markets, including data centers and residential housing [4] - The company employs over 9,000 individuals serving clients throughout the United States [4]

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]

HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ: IESC) today announced that it will release fiscal 2025 second quarter results before the market opens on Friday, May 2, 2025. About IES Holdings, Inc. IES designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities. Our more than 9,000 emplo ...