Core Viewpoint - IES Holdings, Inc. has acquired Arrow Engine Company to enhance its product offerings and expand into the oil and gas markets, with plans for significant investments to drive long-term growth [1][2]. Company Overview - IES Holdings, Inc. designs and installs integrated electrical and technology systems, providing infrastructure products and services across various end markets, including data centers and residential housing, with over 9,000 employees serving clients in the United States [3]. - Arrow Engine Company, established in 1955, specializes in engines, generator sets, compressors, and replacement parts for oilfield and industrial markets [5]. Acquisition Details - The acquisition includes Arrow's manufacturing facility in Tulsa, which spans 130,000 square feet, and is expected to generate estimated revenue of $20 million in calendar year 2024 [1]. - Arrow will operate under its own name as part of IES's Infrastructure Solutions segment, which focuses on electro-mechanical solutions for industrial operations [1][4]. Strategic Intent - The acquisition is intended to leverage Arrow's strong brand reputation and expertise in stationary engines and gas compression solutions, aiming to combine sales, engineering, and fabrication resources to enhance business growth [2]. - IES plans to invest in expanding Arrow's product line to meet evolving customer needs, supported by a combined manufacturing space of over 1.5 million square feet across existing facilities in Ohio, Oklahoma, and Pennsylvania [2].

Company Overview - IES Holdings, Inc. designs and installs integrated electrical and technology systems, providing infrastructure products and services across various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - The company employs over 9,000 individuals serving clients throughout the United States [2] Upcoming Financial Results - IES Holdings, Inc. is scheduled to release its fiscal 2025 first quarter results before the market opens on February 4, 2025 [1]

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it has amended and restated its existing Credit and Security Agreement, increasing the commitment amount of the revolving credit facility to $300 million from $150 million and extending the maturity date to January 21, 2030 while expanding the size of the lending group. In addition, the amended credit agreement transitions the Company to a cash flow-based facility, enabling increased ...

FOR IMMEDIATE RELEASE EXHIBIT 99.1 IES Holdings Reports Fiscal 2024 Fourth Quarter and Full Year Results HOUSTON — November 22, 2024 — IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ: IESC) today announced financial results for the quarter and fiscal year ended September 30, 2024. Fourth Quarter 2024 Highlights • Revenue of $776 million for the fourth quarter of fiscal 2024, an increase of 20% compared with $649 million for the same quarter of fiscal 2023 • Operating income of $75.0 million for the f ...

Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 per share IESC Nasdaq Global Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file ...

HOUSTON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter and fiscal year ended September 30, 2024. Fourth Quarter 2024 Highlights Revenue of $776 million for the fourth quarter of fiscal 2024, an increase of 20% compared with $649 million for the same quarter of fiscal 2023Operating income of $75.0 million for the fourth quarter of fiscal 2024, an increase of 41% compared with $53.2 million for the same quarte ...

HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2024 fourth quarter and year-end results before the market opens on Friday, November 22, 2024. About IES Holdings, Inc. IES designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities. Our mor ...

HOUSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ: IESC) today announced the appointment of John Louis Fouts to its Board of Directors ("Board"), effective September 23, 2024. "We're excited to welcome Lou to the Board," said Jeff Gendell, IES's Chairman and CEO. "Lou brings an extensive background in investment management and finance, and I'm confident that his knowledge, experience and perspective will make him a valuable addition to our Board." Mr. Fouts h ...

FOR IMMEDIATE RELEASE EXHIBIT 99.1 IES Holdings Reports Fiscal 2024 Third Quarter Results; Board Authorizes New $200 Million Share Repurchase Program HOUSTON — August 2, 2024 — IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2024. Third Quarter 2024 Highlights and Recent Developments • Revenue of $768 million for the third quarter of fiscal 2024, an increase of 31% compared with $584 million for the same quarter of fiscal 2023 • ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 per share IESC NASDAQ Global Market 1 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission ...