MYR Group (MYRG) Tops Q2 EPS by 35c

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MYR Group Inc. Announces Second-Quarter and First-Half 2020 Results

July 29, 2020 4:05 PM EDT

ROLLING MEADOWS, Ill., July 29, 2020 (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 2020 financial results.

Highlights

Second quarter revenues of $513.1 millionSecond quarter net income attributable to MYR of $13.4 million, or $0.80 per diluted shareSecond quarter EBITDA of $31.5 millionRecord backlog of $1.55 billion

Management CommentsRick Swartz, MYRs President... More