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Ies Holdings Inc   (IESC)
 

Very dynamic elevation by the IESC amid the first quarter of 2023

company announced first quarter of 2023 operating profit of $40.661 million


Published Feb 04 2023
CSIMarket Team / CSIMarket.com


cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsIESC displayed pleasant results in the first quarter of 2023 financial report. revenue were at $574.87 million higher by 19.639 % year on year and decreased by -6.889 % quarter on quarter, while profits jumped by 65.22 % to $1.14, sequentially EPS soared by 46.72 %.




Net income of $28.754 million in the most recent fiscal period increased by 90.69 % from net earnings of $15.079 million reported in the most recent fiscal period a year ago. Ies Holdings Inc also emphasized it's improving profit margins, where net margin rose to 5% in most recent fiscal period, and operating margin edged up to 7.07%.
Operating earnings, however, rose 100.69% to $40.661 million.

Ies Holdings Inc is expected to report next financial results on August 03, 2023.



Ies Holdings Inc's Inventory Turnover Ratio

Ies Holdings Inc's Operating Margin



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