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Stock impact report

Energy Services of America Reports Fourth Quarter and Full Year Fiscal 2024 Results

Energy Services of America Corporation (ESOA) 
NASDAQ:AMEX Investor Relations: investors.cjenergy.com
Company Research Source: PR Newswire
Records Annual 15.7% Revenue and 36% Gross Profit Increase  HUNTINGTON, W.Va., Dec. 16, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fourth quarter and fiscal year ended September 30, 2024.Fourth Quarter Summary (1)Revenue of $104.7 million versus $104.9 millionGross profit of $17.6 million versus $16.0 millionNet income of $6.7 million, or $0.40 per diluted share, compared to $5.7 million, or $0.34 per diluted share.Adjusted EBITDA of $11.1 million compared to $10.8 million(1) All comparisons are versus the comparable prior year period, unless otherwise stated.Fiscal 2024 Summary (1)Revenue of $351.9 million versus $304.1 millionGross profit of $50.0 million, a 36% increaseNet income of $25.1 million, or $1.51 per diluted share, compared to $7.4 million, or $0.44 per diluted share. This year's results include approximately $11.4 million (net of income taxes), or $0.69 per diluted s Show less Read more
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