IES (IESC) Q4 2000 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2000 earnings summary
10 Nov, 2026Executive summary
FY2000 revenue rose 70% YoY to $1.672B; net income fell to $21.2M from $48.1M, reflecting weaker job execution and an information-system cost write-off.
Strategy shifted from rapid expansion to integration, margin improvement, quality, safety, and earnings-focused growth.
Financial highlights
Revenue was $1,672.3M in FY2000 vs. $1,035.9M in FY1999; gross profit was $299.8M vs. $219.2M.
Net income was $21.2M vs. $48.1M; diluted EPS was $0.52 vs. $1.39.
EBITDA before non-cash compensation charges was $102.6M vs. $112.6M.
Year-end backlog was ~$750M, up over 35% from FY1999.
Outlook and guidance
FY2001 diluted EPS was expected to grow significantly vs. FY2000, following a recovery in Q3 and Q4 from weaker first-half performance.
Priorities included higher-margin markets, bottom-line growth, improved margins, quality, safety, and enterprise-wide process improvement.
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