MYR Group (MYRG) Misses Q4 EPS by 2c

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MYR Group Inc. Announces Fourth-Quarter and Full-Year 2015 Results

March 3, 2016 8:31 AM EST

ROLLING MEADOWS, Ill., March 03, 2016 (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR or the Company) (NASDAQ: MYRG), a leading specialty contractor serving the electrical infrastructure market in the United States and Canada, today announced its fourth-quarter and full-year 2015 financial results.

Highlights

Full-year 2015 revenues of $1.062 billion, representing an all-time high, compared to $944.0 million for the full-year 2014, an increase of 12.5 percent.Q4 2015 revenues of $271.2 million compared to $251.0 million in Q4 2014, an increase of 8.1 percent.Diluted earnings per share of $1.30 for full-year 2015 and $0.29 for Q4 2015.Backlog of $450.9 million at... More