{"id":52744,"date":"2018-08-03T09:00:20","date_gmt":"2018-08-03T13:00:20","guid":{"rendered":"https:\/\/iesci.net\/?p=52744"},"modified":"2018-09-21T12:16:47","modified_gmt":"2018-09-21T16:16:47","slug":"ies-holdings-reports-fiscal-2018-third-quarter-results","status":"publish","type":"post","link":"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/","title":{"rendered":"IES Holdings Reports Fiscal 2018 Third Quarter Results"},"content":{"rendered":"<p align=\"left\">HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) &#8212; IES Holdings, Inc. (or \u201cIES\u201d or the \u201cCompany\u201d) (NASDAQ:IESC) today announced financial results for the quarter ended June 30, 2018.<\/p>\n<p align=\"justify\"><strong>Third Quarter 2018 and Year-to-Date Highlights <\/strong><\/p>\n<ul type=\"disc\">\n<li>Revenue of $232.6 million for the third quarter of fiscal 2018, an increase of 11.6% compared with the third quarter of fiscal 2017; Revenue of $636.6 million for the year-to-date 2018, an increase of 5.4% compared with the year-to-date 2017<\/li>\n<li>Income from operations of $10.1 million for the third quarter of fiscal 2018, an increase of $5.4 million compared with the third quarter of fiscal 2017; Income from operations of $17.2 million for the year-to-date 2018, an increase of $3.9 million compared with the year-to-date 2017<\/li>\n<li>Net income attributable to IES for the third quarter of fiscal 2018 of $8.5 million, or $0.40 per diluted share, an increase of $2.6 million, or $0.13 per diluted share, compared with the third quarter of fiscal 2017; Net loss attributable to IES for the year-to-date 2018 of $18.8 million, or $0.89 per diluted share, a decrease of $29.1 million, or $1.37 per diluted share, compared with the year-to-date 2017, primarily driven by a $31.5 million preliminary charge in fiscal 2018 related to the enactment of the Tax Cuts and Jobs Act<\/li>\n<li>Adjusted net income attributable to IES (a non-GAAP financial measure, as defined below) for the third quarter of fiscal 2018 of $8.9 million, or $0.42 per diluted share, an increase of $5.2 million, or $0.25 per diluted share, compared with the third quarter of fiscal 2017; Adjusted net income attributable to IES for the year-to-date 2018 of $14.7 million, or $0.69 per diluted share, an increase of $3.9 million, or $0.19 per diluted share, compared with the year-to-date 2017<\/li>\n<li>Backlog of approximately $392 million as of June 30, 2018, as compared to approximately $343 million as of March 31, 2018 and approximately $314 million as of June 30, 2017<\/li>\n<\/ul>\n<p><a href=\"https:\/\/iesholdingsinc.gcs-web.com\/news-releases\/news-release-details\/ies-holdings-reports-fiscal-2018-third-quarter-results\" target=\"_blank\" rel=\"noopener\">View Press Release<\/a><br \/>\n<a href=\"http:\/\/ies-corporate.com\/sec-filings\" target=\"_blank\" rel=\"noopener\">View SEC Filings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) &#8212; IES Holdings, Inc. (or \u201cIES\u201d or the \u201cCompany\u201d) (NASDAQ:IESC) today announced financial results for the quarter ended June 30, 2018. Third Quarter 2018 and Year-to-Date Highlights Revenue of $232.6 million for the third quarter of fiscal 2018, an increase of 11.6% compared with the third quarter of fiscal [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-52744","post","type-post","status-publish","format-standard","hentry","category-corporate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Electrical<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Electrical\" \/>\n<meta property=\"og:description\" content=\"HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) &#8212; IES Holdings, Inc. (or \u201cIES\u201d or the \u201cCompany\u201d) (NASDAQ:IESC) today announced financial results for the quarter ended June 30, 2018. Third Quarter 2018 and Year-to-Date Highlights Revenue of $232.6 million for the third quarter of fiscal 2018, an increase of 11.6% compared with the third quarter of fiscal [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/\" \/>\n<meta property=\"og:site_name\" content=\"IES Electrical\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-03T13:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-21T16:16:47+00:00\" \/>\n<meta name=\"author\" content=\"Bobby Dixon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bobby Dixon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/\",\"url\":\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/\",\"name\":\"IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Electrical\",\"isPartOf\":{\"@id\":\"https:\/\/iesci.net\/#website\"},\"datePublished\":\"2018-08-03T13:00:20+00:00\",\"dateModified\":\"2018-09-21T16:16:47+00:00\",\"author\":{\"@id\":\"https:\/\/iesci.net\/#\/schema\/person\/d6cc0a341f8f4c087741c76ef342d188\"},\"breadcrumb\":{\"@id\":\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/iesci.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IES Holdings Reports Fiscal 2018 Third Quarter Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/iesci.net\/#website\",\"url\":\"https:\/\/iesci.net\/\",\"name\":\"IES Electrical\",\"description\":\"We Power Progress\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/iesci.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/iesci.net\/#\/schema\/person\/d6cc0a341f8f4c087741c76ef342d188\",\"name\":\"Bobby Dixon\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/iesci.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/203dc5f68e0516b944931bab41cc93f3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/203dc5f68e0516b944931bab41cc93f3?s=96&d=mm&r=g\",\"caption\":\"Bobby Dixon\"},\"url\":\"https:\/\/iesci.net\/author\/bobbydixondesign\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Electrical","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/iesci.net\/2018\/08\/ies-holdings-reports-fiscal-2018-third-quarter-results\/","og_locale":"en_US","og_type":"article","og_title":"IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Electrical","og_description":"HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) &#8212; IES Holdings, Inc. 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