Earnings ·
Energy Services of America Corporation reported fiscal third quarter results for the period ended June 30, 2026
ESOAEnergy Services of America Corp
Energy Services of America Corporation reported fiscal third quarter results for the period ended June 30, 2026. Revenue increased 25.5% year-over-year to $130.0 million from $103.6 million, driven by higher activity in Gas & Petroleum Transmission and other segments. Net income rose 57.9% to $3.3 million ($0.18 per diluted share) compared to $2.1 million ($0.12 per diluted share). Adjusted EBITDA grew to $8.3 million from $6.5 million, while gross margin contracted slightly to 11.0% due to lower profitability on a large gas transmission project. The company increased its quarterly dividend by 33% to $0.04 per share. Energy Services of America Corporation operates as an infrastructure contractor providing construction and maintenance services for natural gas, petroleum, water distribution, and power industries.