MYR Group (MYRG) Tops Q2 EPS by 1c

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MYR Group Inc. Announces Second-Quarter and First-Half 2018 Results

August 1, 2018 4:00 PM EDT

ROLLING MEADOWS, Ill., Aug. 01, 2018 (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and western Canada, today announced its second-quarter and first-half 2018 financial results.

Highlights

Second quarter revenues of $339.7 millionSecond quarter net income of $6.8 millionBacklog of $1.01 billion, an all-time highAcquired the Huen Companies on July 2, 2018 for approximately $47.1 million

Management CommentsRick Swartz, MYRs President and... More