Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

IES announces 4Q 2012 financials

Dec. 14, 2012
Integrated Electrical Services Inc. (IES), Houston, announced its 4Q 2012 financials, and the results appear to be trending upward. Revenue increased 11.5% to $123.4 million; gross profit grew $2.9 million to $16.8 million; and gross margins for the ...

Integrated Electrical Services Inc. (IES), Houston, announced its 4Q 2012 financials, and the results appear to be trending upward. Revenue increased 11.5% to $123.4 million; gross profit grew $2.9 million to $16.8 million; and gross margins for the quarter improved to 13.6%, compared to a gross margin of 12.6% for the fourth quarter of 2011. However, for its 2012 fiscal year, IES is showing a net loss from continuing operations of $2.7 million. Details