Slide 1: Integrated Electrical Services, Inc. 2nd Quarter Results
Integrated Electrical Services, Inc. 2nd Quarter Results May 16, 2011 Michael J. Caliel, President & CEO Terry Freeman, SVP & CFO Karen Roan, DRG&L TES. wzxe
Slide 2: Safe Harbor
Safe Harbor "Certain statements in this document, including statements regarding the restucturng plan and ital estimated charges and cost reductions ‘scoclaed wah his plan, are Torwardlookng statements" wihin Bie meaning of Seaton 27A ofthe Securies Act of 1993 and Seaton 21E ofthe Secures Exchange
Slide 3: Q2 Highlights
Q2 Highlights # Continued improvement in consolidated revenues Consolidated revenues up sequentially for the past 3 quarters # Growth in both C&l and Communications segment revenue # Reduced SG&A compared to Q1 11 and Q2 ‘10 Continued steps to reduce cost base # Backlog $242 million at March 31 — es
Slide 4: Q2 Highlights
Q2 Highlights # Continued improvement in consolidated revenues Consolidated revenues up sequentially for the past 3 quarters # Growth in both C&l and Communications segment revenue # Reduced SG&A compared to Q1 11 and Q2 ‘10 Continued steps to reduce cost base # Backlog $242 million at March 31 — es
Slide 5: Financial Highlights - IES Consolidated
Financial Highlights - IES Consolidated ($ Thousands) Three Months Endes March 31,2011 119.208 112.080 a 13333 Loss (gsn) onsale of assets cl Asset impairment : Retrucng and oer (gains) charges - 05 operating income 7.880) (12,100) ex (13.220) ited Ean pe share oo) (002) TES. wz2e
Slide 6: Communications
Communications (8 Thousands) Three Months Ended Thee Months Ended NMaoh'31,2011__December 31,2010, Revenues nse os21 Gross prot aan % 109% ‘Sefing, general and administrative 2200 * ro Loss (gan) onsale of assets Asset impaiment Restucring charge Operating income % TES. wz2e
Slide 7: Residential
Residential (8 Thousands) Revenues Gross prot % ‘Sefing, general and administrative % Loss (gsr) onsale of assets Asset impairment Restucing charge Operating income floss) % TES. wz2e Three Months Ende Maoh 31,2011 ‘Tree Months Ended December 3, 2010 306 378 4500 2.045 4585
Slide 8: Commercial & Industrial
Commercial & Industrial (8 Thousands) Three Months Ended Thee Months Ended NMaoh'31,2011__December 31,2010, Revenues eae ores Gross prot (exo) 3378 % 40% 50% ‘Sefing, general and administrative 7972 % Loss (gan) onsale of assets Asset impairment Restucing charge peratng income floss) % TES. wz2e
Slide 9: Backlog
Backlog (6 Millions) Sep'40 Dec40 Mar “14 TES. zz
Slide 10: Balance Sheets and Other Highlights
Balance Sheets and Other Highlights (8 Thousands) Mach 31,2011 _September 20,2010 cash 38707 204 Ccurant Assets 17610 108.058 ‘Curent Lisbities 5,708 a5716 Wesking Capital sat emo Total Debt 10.8 11288 Total Equity 0,120 o1sst Backlog 231 245.508, Legicty 40702 45612 TES. wz2e
Slide 11: Summary
a Summary # Continue to deliver exceptional safety performance Strengthening core portfolio of electrical and communications businesses Divested electrical products distribution business Expanding Communications business # Aggressive management actions to flex cost structure to align with expected v