IES Holdings Company profile
About IES Holdings Inc
IES Holdings, Inc. is a holding company that designs and installs integrated electrical and technology systems and provides infrastructure products and services. The Company's segments include Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. Communications segment provider of technology infrastructure services, including the design, build, and maintenance of the communications infrastructure within data centers for co-location and managed hosting customers. Residential is a provider of electrical installation services for single-family housing and multi-family apartment complexes. Infrastructure Solutions provider of electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. Commercial & Industrial is a provider of electrical and mechanical design, construction, and maintenance services to the commercial and industrial markets.
Financial summary
BRIEF: For the three months ended 31 December 2021, IES Holdings Inc revenues increased 53% to $480.5M. Net income increased 20% to $14.5M. Revenues reflect Residential segment increase from $119.5M to $241.8M, Communications segment increase of 30% to $127.4M, Infrastructure solutions segment increase of 22% to $42.1M. Net income was partially offset by Infrastructure solutions segment income decrease of 69% to $1.7M.
Equity composition
Common Stock $.01 Par, 12/10, 100M auth., 15,407,802 issd., less 675,726 shs. in Treas. @ $9.8M. Insiders own 1.79%. IPO 1/98,7,000,000 shares @ $13 byMerrill Lynch & Co. Restricted Common Stock $.01 Par, 2,605,709 auth., issd. & o/s. 5/06, Co. emerged from chapter 11 reorganization and began trading on NASDAQ.