Stantec, Inc. (STN) Tops Q2 EPS by 1c
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Stantec reports second quarter 2016 results and dividend
August 4, 2016 6:45 AM EDTEDMONTON, ALBERTA and NEW YORK, NEW YORK -- (Marketwired) -- 08/04/16 -- (TSX: STN)(NYSE: STN)
Contributions from acquisitions and steady organic gross revenue growth in Stantec's Infrastructure business operating unit and US regional operating unit resulted in strong overall gross revenue growth of over 47% in the second quarter of 2016. The MWH Global (MWH) acquisition, which closed in early May, added significant gross revenue to many areas of Stantec's legacy Consulting Services business and greatly expanded Global operations.
Results were impacted by a slight decrease in gross... More
