Electrical systems firm IES Holding up after quarterly results beat

Gulf Island Fabrication

21/11/2025 14:46

** Shares of electrical systems firm IES Holding IESC.O up 5% at $375 in early trading

**  Co's quarterly revenue rises 16% to $897.8 million, compared to a year ago

** Posts fourth-quarter adjusted profit of $3.77 per share vs $2.61 per share reported a year earlier

** "Looking forward to fiscal 2026, we expect continued growth in our communications, infrastructure solutions and commercial & industrial operating segments, which are positioned to benefit from continued strong demand, particularly in our data center end market" says CEO Matt Simmes

    ** Co recently announced acquisition of steel fabricator firm Gulf Island GIFI.O for $12 per share in cash

** As of last close, stock up about 78%,YTD

 (Reporting by Koyena Das)

 ((Koyena.das@thomsonreuters.com))