Comfort Systems USA (FIX) Tops Q1 EPS by 73c, Beats on Revenue

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Comfort Systems USA Reports First Quarter Results

April 25, 2024 4:09 PM EDT

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) (the Company) today reported results for the quarter ended March 31, 2024.

For the quarter ended March 31, 2024, net income was $96.3 million, or $2.69 per diluted share, as compared to $57.2 million, or $1.59 per diluted share, for the quarter ended March 31, 2023. Revenue for the first quarter of 2024 was $1,537.0 million compared to $1,174.6 million in 2023. The Company reported operating cash flow of $146.6 million in the current quarter compared to $126.9 million in 2023.

Brian Lane, Comfort Systems USAs President and Chief Executive Officer, said, Our expert and dedicated employees achieved... More