2023-08-04 07:52:14 ET
- Integrated Electrical Services press release ( NASDAQ: IESC ): Q3 Non-GAAP EPS of $1.08.
- Revenue of $584M (+2.9% Y/Y).
- Backlog of approximately $1.5 billion as of June 30, 2023.
- “As a result, we ended the quarter with a cash balance, net of debt, of $28.6 million, compared with debt, net of cash, of $56.8 million at September 30, 2022. We expect our operations to continue to generate significant cash flow in the fourth quarter of fiscal 2023 and in fiscal 2024, and we are evaluating opportunities to deploy this capital consistent with our capital allocation strategy, including for share repurchases, organic investments and suitable acquisitions."
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Integrated Electrical Services Non-GAAP EPS of $1.08, revenue of $584M