{"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":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IES Holdings Reports Fiscal 2018 Third Quarter Results - IES Commercial &amp; Industrial<\/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 Commercial &amp; Industrial\" \/>\n<meta property=\"og:description\" content=\"HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) &#8212; IES Holdings, Inc. 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