Primoris Services (PRIM) Tops Q1 EPS by 19c, Revenues Beat; Offer FY21 EPS Mid-Point Guidance Above Consensus
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Primoris Services Corporation Reports First Quarter 2021 Results
May 5, 2021 5:30 PM EDTDALLAS--(BUSINESS WIRE)-- Primoris Services Corporation (NASDAQ GS: PRIM) (Primoris or Company) today announced financial results for its first quarter ended March 31, 2021 and updated the Companys outlook.
For the first quarter 2021, Primoris reported the following highlights:
Revenue of $818.3 million, an increase of 10 percent over prior year Net income attributable to Primoris of $5.9 million, compared to a $3.7 million loss in prior year Fully diluted earnings per share of $0.12, compared to a loss of $0.08 in the prior year Cash flows from operations of $7.5... More