IES Holdings, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2023
February 02, 2024 at 07:51 am EST
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IES Holdings, Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was USD 634.44 million compared to USD 574.87 million a year ago. Net income was USD 40.96 million compared to USD 26.4 million a year ago.
Basic earnings per share from continuing operations was USD 1.89 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 1.14 a year ago.
IES Holdings, Inc. is a provider of electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. The Company's Communications segment offers technology infrastructure services, including the design, build, and maintenance of the communications infrastructure within data centers. Its Residential segment offers electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Its Infrastructure Solutions segment provides electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. This segment also offers structural steel fabrication and services, with a 450,000 square feet of manufacturing space on a 60-acre campus. Its Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services.
IES HOLDINGS, INC. 
