MYR Group (MYRG) Misses Q1 EPS by 18c

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Go back to MYR Group (MYRG) Misses Q1 EPS by 18c

MYR Group Inc. Announces First-Quarter 2016 Results

May 4, 2016 4:01 PM EDT

ROLLING MEADOWS, Ill., May 04, 2016 (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR) (NASDAQ: MYRG), a leading specialty contractor serving the electrical infrastructure market in the United States and Canada, today announced its first-quarter 2016 financial results.

Highlights

Q1 2016 revenues of $253.6 million compared to $244.1 million for the same period last year.Q1 2016 net income of $2.0 million compared to $7.2 million for the same period last year.Q1 2016 diluted earnings per share of $0.10 compared to $0.34 per share for the same period last year.MYR purchased... More