Primoris Services Corporation Announces 2015 Second Quarter Financial Results

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Primoris Services (PRIM) Declares $0.055 Quarterly Dividend; 1.2% Yield

August 6, 2015 8:59 AM EDT

Primoris Services (NASDAQ: PRIM) declared a quarterly dividend of $0.055 per share, or $0.22 annualized.

The dividend will be payable on September 30, 2015, to stockholders of record on October 15, 2015, with an ex-dividend date of October 13, 2015.

The annual yield on the dividend is 1.2 percent.

For... More

Primoris Services (PRIM) Misses Q2 EPS by 13c

August 6, 2015 8:58 AM EDT

Primoris Services (NASDAQ: PRIM) reported Q2 EPS of $0.07, $0.13 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $483.5 million versus the consensus estimate of $494.81 million.

David King, President and Chief Executive Officer of Primoris, commented, Our financial results were not at all what we would have liked, as unusually severe weather conditions in the... More