Infrastructure and Energy Alternatives, Inc. (IEA) Reports Q2 EPS of 14c; Announces Acquisition of Saiia and The ACC Companies

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Go back to Infrastructure and Energy Alternatives, Inc. (IEA) Reports Q2 EPS of 14c; Announces Acquisition of Saiia and The ACC Companies

Infrastructure and Energy Alternatives, Inc. Announces Second Quarter 2018 Results

August 9, 2018 8:30 AM EDT

Announces Signing of Definitive Agreement for Strategic Acquisition of Saiia and The ACC Companies

INDIANAPOLIS--(BUSINESS WIRE)-- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA or the Company), a leading U.S. provider of infrastructure solutions for the renewable energy, traditional power and civil infrastructure industries, today announced financial results for the second quarter ended June 30, 2018.

Highlights

Revenue of $174.1 million, up 64% year over year Net income of $4.9 million, up 37% year over year Adjusted EBITDA of $15.5 million, up 28.4% year over year... More