IES Holdings beat quarterly revenue and EPS estimates significantly. Quarterly revenue was $897.8 million, up 16% year-over-year. Earnings per share reached $3.77, surpassing expectations of $3.11. Reported a backlog of $2.37 billion, indicating future growth potential. Acquisition of Gulf Island Fabrication boosts data center market expansion.
IES Holdings reported a significant 31% increase in revenue and a 175% rise in net income. The new $200 million share repurchase program signals management's confidence in the company's future. Strong backlog of approximately $1.7 billion sets a positive outlook for continued growth.
