Primoris Services (PRIM) Tops Q2 EPS by 39c, FY EPS Guidance Tops Views
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Primoris Services Corporation Announces 2020 Second Quarter Financial Results
August 4, 2020 6:30 AM EDTBoard of Directors Declares $0.06 Per Share Cash Dividend
Financial Highlights
2020 Q2 revenue of $908.2 million, compared to $789.9 million in 2019 Q22020 Q2 net income attributable to Primoris of $33.0 million, or $0.68 per fully diluted share, compared to $17.8 million, or $0.35 per fully diluted share, in 2019 Q22020 Q2 SG&A 5.7% of revenue, compared to 6.2% of revenue in 2019 Q22020 Q2 cash flows from operations of $66.1 million, compared to cash used in operations of $24.4 million in 2019 Q2Total Backlog of $3.5 billion at June 30, 2020° Includes $0.5B related to a major pipeline project in the... More