Energy Services of America Announces Financial Results for the Fiscal Year Ended September 30, 2023
Huntington, WV December 18, 2023- Energy Services of America Corporation (the “Company” or “Energy Services”) (Nasdaq: ESOA), generated net income of $7.4 million, fully diluted earnings per share of $0.44, revenues of $304.1 million, and adjusted EBITDA of $20.8 million for the twelve months ended September 30, 2023. The Company had a backlog of $229.8 million (unaudited) on September 30, 2023, as compared to $142.3 million (unaudited) on September 30, 2022.
Douglas Reynolds, President, commented on the announcement. “The financial results for the fiscal year ended September 30, 2023 are the best in the history of Energy Services. We are very proud of what our employees were able to accomplish and appreciate the support of our loyal shareholders.” Reynolds continued, “We have a backlog of $229.8 million (unaudited) on September 30, 2023 and look forward to continuing our success into fiscal year 2024.”
Please see the full earnings release along with the forward-looking and non-GAAP financial measure disclosures by clicking ” Read Article” Below.