Primoris Services (PRIM) Misses Q2 EPS by 7c

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Primoris Services Corporation Reports Second Quarter 2021 Results

August 3, 2021 5:45 PM EDT

DALLAS--(BUSINESS WIRE)-- Primoris Services Corporation (NASDAQ GS: PRIM) (Primoris or Company) today announced financial results for its second quarter ended June 30, 2021 and updated the Companys outlook.

For the second quarter 2021, Primoris reported the following highlights:

Revenue of $881.6 million Utility Segment revenue up 25 percent Energy/Renewables Segment revenue up 20 percent Net income attributable to Primoris of $36.3 million Fully diluted earnings per share of $0.67 Backlog of $2.9 billion as of June 30, 2021

2021 Year-to-date highlights:

Record revenue... More