MYR Group (MYRG) Misses Q2 EPS by 27c

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Go back to MYR Group (MYRG) Misses Q2 EPS by 27c

MYR Group Inc. Announces Second-Quarter and First-Half 2017 Results

August 2, 2017 4:00 PM EDT

ROLLING MEADOWS, Ill., Aug. 02, 2017 (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electrical infrastructure market in the United States and Canada, today announced its second-quarter and first-half 2017 financial results.

Highlights

Second quarter revenues of $356.2 millionSecond quarter net income of $1.2 million, or $0.07 per diluted shareBacklog remains strong at $632.5 million$20.0 million share repurchase program extended through August 2018

Management Comments Rick Swartz, MYRs... More