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Energy Services of America Reports Fiscal Second Quarter 2025 Results

Energy Services of America announced fiscal second quarter 2025 results on May 12, 2025, reporting $76.7 million revenue in Huntington, W.Va.
Unfavorable weather reduced fixed cost coverage and caused the quarter's unusually low revenue, although backlog increased by $37 million since September 2024.
Revenue rose 8% year-over-year driven by higher Gas & Water Distribution work that offset declines in Gas & Petroleum Transmission, yet gross profit fell to $78,000 from $6.2 million last year.
For the second quarter of 2025, the company reported a net loss of $6.8 million, translating to a loss of $0.41 per share, which is larger than the $1.1 million loss recorded in the same period last year. The backlog at the end of the quarter was $280.7 million.
The company expects revenue and profitability improvement entering stronger spring and summer months, supported by healthy demand for water distribution and its acquisition of Tribute.

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LoudounTimes.com

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Energy Services of America Reports Fiscal Second Quarter 2025 Results

HUNTINGTON, W.Va., May 12, 2025 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fiscal second quarter ended March 31, 2025.

5 days ago

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The Hamilton Spectator

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