Primoris Services (PRIM) Tops Q4 EPS by 23c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

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Go back to Primoris Services (PRIM) Tops Q4 EPS by 23c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

Primoris Services Corporation Reports Fourth Quarter and Full Year 2020 Results

February 22, 2021 5:00 PM EST

DALLAS, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ GS: PRIM) (Primoris or Company) today reported financial results for the fourth quarter and full year of 2020 and provided the Companys financial outlook.

For the full year 2020, Primoris reported the following highlights:

Record revenue of $3.5 billion, an increase of 12 percent over prior yearRecord net income attributable to Primoris of $105.0 million, an increase of 28 percent over prior yearRecord fully diluted earnings per share of $2.16, an increase of 34 percent over prior yearCash flows from operations of... More