IES announces 4Q 2012 financials

Integrated Electrical Services Inc. (IES), Houston, announced its 4Q 2012 financials, and the results appear to be trending upward. Revenue increased 11.5% to $123.4 million; gross profit grew $2.9 million to $16.8 million; and gross margins for the quarter improved to 13.6%, compared to a gross margin of 12.6% for the fourth quarter of 2011. However, for its 2012 fiscal year, IES is showing a net loss from continuing operations of $2.7 million. Details