Comfort Systems USA (FIX) Tops Q2 EPS by 63c

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Comfort Systems USA Reports Second Quarter 2020 Results

July 27, 2020 4:17 PM EDT

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) today reported results for the quarter ended June 30, 2020.

For the quarter ended June 30, 2020, net income was $39.5 million or $1.08 per diluted share, as compared to $24.2 million or $0.65 per diluted share, for the quarter ended June 30, 2019. Revenue for the second quarter of 2020 was $743.5 million compared to $650.3 million in 2019. The Company reported operating cash flows of $141.9 million in the current quarter compared to $25.6 million in 2019.

Backlog as of June 30, 2020 was $1.53 billion as compared to $1.62 billion as of March 31, 2020 and $1.50 billion as of June 30, 2019. On a... More