MYR Group (MYRG) Misses Q3 EPS by 6c

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MYR Group Inc. Announces Third-Quarter and First Nine-Months 2018 Results

October 31, 2018 4:10 PM EDT

ROLLING MEADOWS, Ill., Oct. 31, 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 third-quarter and first nine-months 2018 financial results.

Highlights

Third quarter revenues of $399.5 million, a record high quarterly revenueThird quarter net income of $8.0 millionBacklog of $1.10 billion, an all-time high

Management CommentsRick Swartz, MYRs President and CEO, said, Our... More