HUNTINGTON, W.Va., Aug. 22, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced management will present at the Midwest IDEAS Investor Conference on Thursday, August 29th at The Gwen in Chicago, IL. Energy Services' presentation is scheduled to begin at 12:30pm ET. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/Midwest.

The Company will also host 1-on-1 meetings throughout the day. Qualified investors interested in attending or learning more about the IDEAS conferences should contact Steven Hooser at (214) 872-2710 or shooser@threepa.com. 

Records 510 Basis Point Improvement in Gross Margin and 13 Percent Sequential Increase in Backlog

HUNTINGTON, W.Va., Aug. 12, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fiscal third quarter ended June 30, 2024.

Third Quarter Summary (1)

Revenue of $85.9 million versus $85.5 millionGross profit of $15.3 million, a 41% increaseNet income of $17.5 million, or $1.06 per diluted share, compared to $3.4 million, or $0.21 per diluted share. This quarter's results include approximately $11.4 million net of estimated income tax expense, or $0.69 per diluted share, from a legal judgementAdjusted EBITDA of $10.8 million compared to $7.5 millionBacklog of $250.9 million compared to $222.8 million as of March 31, 2024