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Integrated Electrical Services
Integrated Electrical Services (IES) is a publicly traded company in the United States, specializing in providing electrical construction and maintenance services to various industries. The company's stock is listed on the NASDAQ stock exchange under the ticker symbol "IESC."
Here's a brief overview of IES:
1. Headquarters: IES is headquartered in Houston, Texas, and was founded in 1998.
2. Business segments: IES operates through three main business segments: Commercial and Industrial (C&I), Utilities and Other, and Infrastructure and Power Solutions (IPS). The C&I segment focuses on delivering electrical construction, maintenance, and engineering services to commercial and industrial customers. The Utilities and Other segment offers services to power generation, distribution, and transmission companies. Lastly, the IPS segment specializes in the design, construction, and maintenance of mission-critical power systems.
3. Revenue: In 2020, IES reported total revenue of $856 million, a decrease from $914.3 million in 2019 due to the impact of the COVID-19 pandemic.
4. Market capitalization: As of March 14, 2023, IES has a market capitalization of approximately $360 million. However, this figure can fluctuate based on various factors affecting the stock market.
5. Financial performance: Over the past few years, IES has shown a mixed financial performance. The company managed to achieve a net income of $14.6 million in 2020 despite the challenging business environment caused by the pandemic.
It is essential to conduct thorough research and consider consulting a financial advisor or broker when making investment decisions related to IES or any other public company. Be cautious of generalized opinions from AI models and consult official financial documents for the most up-to-date information.