Integrated Electrical Systems (IESC) Swings to Q4 Profit
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Integrated Electrical Services Reports Fiscal 2014 Fourth Quarter and Year-End Results
December 12, 2014 7:00 AM ESTHOUSTON, Dec. 12, 2014 (GLOBE NEWSWIRE) -- Integrated Electrical Services, Inc. (or "IES") (Nasdaq: IESC) today announced financial results for its fiscal 2014 fourth quarter and year ended September 30, 2014.
FOURTH QUARTER AND FISCAL YEAR 2014 FINANCIAL HIGHLIGHTS
Operating cash flow of $12.6 million for fiscal year 2014, an increase of $10.6 million from fiscal year 2013 Adjusted EBITDA (a non-GAAP financial measure, as defined below) of $3.4 million for the fourth quarter of 2014, an increase of $1.6 million from the fourth quarter of 2013, and Adjusted EBITDA of $11.7 million for fiscal year 2014, an increase of $3.3 million compared with fiscal year... MoreLayne Christensen Names Michael J. Caliel President and Chief Executive Officer
December 10, 2014 7:01 AM ESTTHE WOODLANDS, Texas, Dec. 10, 2014 (GLOBE NEWSWIRE) -- David A.B. Brown, CEO and Chairman of the Board of Layne Christensen Company (Nasdaq: LAYN) ("Layne" or the "Company"), announced today the appointment of Michael J. Caliel as President and Chief Executive Officer, and Member of the Board of Directors, effective January 2, 2015. Mr. Caliel brings more than 30 years of global sales, management and operating experience to Layne. Â He will succeed Mr. Brown who assumed the role of CEO on an interim basis in June 2014. Mr. Brown... More
