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Dec 31, 2020
IES Holdings Q1 2021 Earnings Report
Announced first quarter fiscal 2021 results, demonstrating revenue growth and increased profitability.
Key Takeaways
IES Holdings reported a strong first quarter in fiscal 2021, with revenue increasing by 14% to $315 million and operating income rising by 28% to $15.9 million. Net income attributable to IES increased by 42% to $12.1 million, or $0.58 per diluted share. The company's performance was driven by significant growth in the Communications and Residential businesses, as well as strategic acquisitions.
Revenue increased by 14% to $315 million compared to the same quarter last year.
Operating income increased by 28% to $15.9 million compared to the same quarter last year.
Net income attributable to IES increased by 42% to $12.1 million, or $0.58 per diluted share.
Adjusted net income attributable to IES increased by 31% to $14.8 million, or $0.71 per diluted share.
IES Holdings
IES Holdings
IES Holdings Revenue by Segment
Revenue by Segment
Communications Revenue
CapyFin.comResidential Revenue
CapyFin.comInfrastructure Solutions Revenue
CapyFin.comCommercial & Industrial Revenue
CapyFin.com Forward Guidance
The company believes that its strong balance sheet provides a solid financial foundation to navigate through this uncertain environment and leaves it well positioned to execute its growth strategy in fiscal 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income