PRIM - Earnings announcements

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its first quarter ended March 31, 2026 and provided comments on the Company's operational performance and outlook for 2026. For the first quarter of 2026, Primoris reported the following highlights (1): Revenue of $1.6 billion, down $0.1 billion, or 5.4%, compared to the first quarter of 2025 primarily driven by lower revenue in the Energy segment, partially offset by growth in the Utilities segment; Net income of $17.4 million, or $0.32 per diluted share, down $26.8 million, or $0.49 per diluted share, from the first quarter of 2025; Adjusted net income of $32.2 million,

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced it will report first quarter 2026 financial results on Tuesday, May 5, 2026, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Wednesday, May 6, 2026, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2026 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris confer

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its fourth quarter and full year ended December 31, 2025, and provided the Company's initial outlook for 2026. For the full year 2025, Primoris reported the following highlights(1): Revenue of $7.6 billion, up $1.2 billion, or 19.0%, compared to the full year of 2024, driven by double-digit growth in the Energy and Utilities segments; Net income of $274.9 million, or $5.02 per diluted share, up 52.0% from the full year of 2024, due to higher operating income and lower interest expense; Full year net cash provided by operating activities of $470.4 million; Total backlog

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or "the Company") today announced it will report fourth quarter and full year 2025 financial results on Monday, February 23, 2026, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 24, 2026, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's fourth quarter and full year 2025 results and its business outlook for 2026. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its third quarter ended September 30, 2025 and provided comments on the Company's operational performance and outlook for the remainder of 2025. For the third quarter of 2025, Primoris reported the following highlights (1): Revenue of $2,178.4 million, up $529.3 million, or 32.1%, compared to the third quarter of 2024 driven by strong growth in the Energy and Utilities segments; Net income of $94.6 million, or $1.73 per diluted share, an increase of $36.2 million, or $0.66 per diluted share, from the third quarter of 2024; Adjusted net income of $103.1 million, or $1.88 p

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or "the Company") today announced it will report third quarter 2025 financial results on Monday, November 3, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, November 4, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's third quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its second quarter ended June 30, 2025 and provided comments on the Company's operational performance and outlook for the remainder of 2025. For the second quarter of 2025, Primoris reported the following highlights (1): Revenue of $1,890.7 million, up $327.0 million, or 20.9 percent, compared to the second quarter of 2024 driven by strong growth in the Energy and Utilities segments; Net income of $84.3 million, or $1.54 per diluted share, an increase of $34.8 million, or $0.63 per diluted share, from the second quarter of 2024; Adjusted net income of $92.2 million, or $1

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or "the Company") today announced it will report second quarter 2025 financial results on Monday, August 4, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 5, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris c

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its first quarter ended March 31, 2025 and provided comments on the Company's operational performance and outlook for 2025. For the first quarter of 2025, Primoris reported the following highlights (1): Revenue of $1,648.1 million, up $235.4 million, or 16.7 percent, compared to the first quarter of 2024 primarily driven by strong growth in both the Energy and the Utilities segments; Net income of $44.2 million, or $0.81 per diluted share, up $25.3 million, or $0.46 per diluted share, from the first quarter of 2024; Adjusted net income of $53.5 million, or $0.98 per diluted s

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or "the Company") today announced it will report first quarter 2025 financial results on Monday, May 5, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, May 6, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris conference

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its fourth quarter and full year ended December 31, 2024, and provided the Company's initial outlook for 2025. For the full year 2024, Primoris reported the following highlights(1): Revenue of almost $6.4 billion, up $0.7 billion, or 11.4 percent, compared to the full year of 2023 driven primarily by strong growth in the Energy segment Net income of $180.9 million, or $3.31 per diluted share, up 43.4 percent from the full year of 2023 due to higher operating income and lower interest expense Record full year net cash provided by operating activities of $508.3 million, up

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or "the Company") today announced it will report fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 25, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's fourth quarter and full year 2024 results and its business outlook for 2025. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its third quarter ended September 30, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the third quarter of 2024, Primoris reported the following highlights (1): Revenue of $1,649.1 million, up $119.6 million, or 7.8 percent, compared to the third quarter of 2023 driven by strong growth in both the Energy and Utilities segments; Net income of $58.4 million, or $1.07 per diluted share, an increase of $10.3 million, or $0.18 per diluted share, from the third quarter of 2023; Record backlog of $11.3 billion driven by strong renewables

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") announced today it will report third quarter 2024 financial results on Monday, November 4, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, November 5, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's third quarter 2024 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871 (U.S./Canada) or, from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its second quarter ended June 30, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the second quarter of 2024, Primoris reported the following highlights (1): Revenue of $1,563.7 million, up $150.3 million, or 10.6 percent, compared to the second quarter of 2023 driven by strong growth in the Energy segment; Net income of $49.5 million, or $0.91 per diluted share, an increase of $10.5 million, or $0.19 per diluted share, from the second quarter of 2023; Adjusted net income of $57.1 million, or $1.04 per diluted share, an increa

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") announced today it will report second quarter 2024 financial results on Monday, August 5, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 6, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2024 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871 (U.S./Canada) or, from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its first quarter ended March 31, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the first quarter of 2024, Primoris reported the following highlights (1): Revenue of $1,412.7 million, up $155.8 million, or 12.4 percent, compared to the first quarter of 2023 primarily driven by strong growth in utility-scale solar and industrial construction within the Energy segment; Net income of $18.9 million, or $0.35 per diluted share, up $17.6 million, or $0.33 per diluted share, from the first quarter of 2023; Adjusted net income of $2

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Thursday, May 9, 2024 at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2024 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris confer

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its fourth quarter and full year ended December 31, 2023 and provided the Company's initial outlook for 2024. For the full year 2023, Primoris reported the following highlights (1): Revenue of $5.7 billion, up $1.3 billion, or 29.3 percent, compared to the full year of 2022 driven by strong growth in the Energy and Utilities segments, including contributions from the acquisitions of PLH and B Comm Net income of $126.1 million, or $2.33 per diluted share, down 5.2 percent from the full year of 2022 due to higher income tax and interest expense, partially offset by higher oper

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced it will report fourth quarter and full year 2023 financial results on Monday, February 26, 2024, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 27, 2024, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's fourth quarter and full year 2023 results and its business outlook for 2024. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-0679, using access

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its third quarter ended September 30, 2023 and provided comments on the Company's operational performance and outlook for 2023. For the third quarter of 2023, Primoris reported the following highlights (1): Revenue of $1,529.5 million, up $245.4 million, or 19.1 percent, compared to the third quarter of 2022 driven by strong growth in power delivery, renewables, industrial and pipeline businesses; Net income of $48.1 million, or $0.89 per diluted share, an increase of $5.1 million, or $0.09 per diluted share, from the third quarter of 2022; Cash flow used in operating act

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") announced today it will report third quarter 2023 financial results on Tuesday, November 7, 2023, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Wednesday, November 8, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's third quarter 2023 results and business outlook. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-0679, using access code: 7581464, or by asking for the Primo

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its second quarter ended June 30, 2023 and provided comments on the Company's operational performance and outlook for 2023. For the second quarter of 2023, Primoris reported the following highlights (1): Revenue of $1,413.4 million, up $390.4 million, or 38.2 percent, compared to the second quarter of 2022 driven by strong growth in both the Utilities and Energy segments and in part by the PLH and B Comm acquisitions; Net income of $39.0 million, or $0.72 per diluted share, a decrease of $11.1 million, or $0.21 per diluted share, from the second quarter of 2022, primarily du

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") announced today it will report second quarter 2023 financial results on Monday, August 7, 2023, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 8, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2023 results and business outlook. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-0679, using access code: 7581464, or by asking for the Primoris c

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced financial results for its first quarter ended March 31, 2023 and provided comments on the Company's operational performance and outlook for 2023. For the first quarter of 2023, Primoris reported the following highlights (1): Revenue of $1,256.9 million, up $472.5 million, or 60.2 percent, compared to the first quarter of 2022 driven by strong growth in both the Utilities and Energy segments and in part by the PLH and B Comm acquisitions; Net income of $1.3 million, or $0.02 per diluted share, up $3.0 million, or $0.05 per diluted share, from the first quarter of 2022; Adjusted net income of $9

Primoris Services Corporation (NYSE:PRIM) ("Primoris" or the "Company") today announced it will report first quarter 2023 financial results on Tuesday, May 9, 2023, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Wednesday, May 10, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2023 results and business outlook. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-0679, using access code: 7581464, or by asking for the Primoris confe

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or the "Company") today announced financial results for its fourth quarter and full year ended December 31, 2022 and provided the Company's initial outlook for 2023. For the full year 2022, Primoris reported the following highlights (1): Revenue of $4,420.6 million, up $923.0 million, or 26.4 percent, compared to the full year of 2021 driven by strong growth in the Utilities and Energy/Renewables segments, including $516.8 million, or 14.8 percent, revenue growth excluding acquisitions Net income of $133.0 million, or $2.47 per diluted share, up 14.9 percent from the full year of 2021 Adjusted net income of $135.8 million, o

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or the "Company") today announced it will report fourth quarter and full year 2022 financial results on Monday, February 27, 2023, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 28, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's fourth quarter and full year 2022 results and its business outlook for 2023. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-067

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or the "Company") today announced financial results for its third quarter ended September 30, 2022 and confirmed the Company's outlook. For the third quarter 2022, Primoris reported the following highlights(1): Revenue of $1,284.1 million, up $370.9 million, or 40.6 percent, year-over-year driven by strong growth in the Utilities and Energy/Renewables segments, including $155.7 million from the PLH acquisition Delivered net income of $43.0 million, or $0.80 per diluted share, and adjusted net income of $60.4 million, or $1.12 per diluted share Generated adjusted earnings before interest, income taxes, depreciation and amorti

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or the "Company") will report third quarter 2022 financial results on Monday, November 7, 2022, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, November 8, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's third quarter 2022 results and business outlook. Interested parties are invited to dial-in at 1-888-330-3428, or from outside the U.S. at 1-646-960-0679, using access code: 7581464, or by asking for the Primoris con

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or the "Company") today announced financial results for its second quarter ended June 30, 2022 and provided the Company's outlook for 2022. For the second quarter 2022, Primoris reported the following(1): Record revenue of $1,022.9 million Net income of $50.2 million Fully diluted earnings per share ("EPS") of $0.93 Adjusted net income of $26.1 million Adjusted diluted earnings per share ("Adjusted EPS") of $0.48 Adjusted earnings before interest, income taxes, depreciation and amortization ("Adjusted EBITDA") of $56.1 million Record Backlog of $4.572 billion, an increase of 59 percent over prior year Gain of $40.1

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or the "Company") today announced its plans to release financial results for the second quarter 2022 on Monday, August 8, 2022, after market close. A copy of the Company's press release will be available on the Primoris website at www.primoriscorp.com. Management will host a conference call and webcast on Tuesday, August 9, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2022 results and review its financial outlook. Prepared remarks by Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Executive Vice President and Chief Financial Officer, w

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or the "Company") announced today that it has entered into a definitive merger agreement to acquire PLH Group, Inc. ("PLH Group" or "PLH") in an all-cash transaction valued at $470 million. Primoris, one of the top specialty contractors in the U.S., provides critical infrastructure services to the utility, renewables and other related energy markets. The Company's strategic focus on utility markets includes Power Delivery, Communications, and Gas Utilities. PLH Group is a utility-focused specialty construction company with concentration in key fast-growing regions of the U.S. Both companies are headquartered in the Dall

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or the "Company") today announced financial results for its first quarter ended March 31, 2022 and provided the Company's outlook for 2022. For the first quarter 2022, Primoris reported the following(1): Revenue of $784.4 million Net loss of $1.7 million Fully diluted earnings per share ("EPS") loss of $0.03 Adjusted net income of $0.4 million Adjusted diluted earnings per share ("Adjusted EPS") of $0.01 Adjusted earnings before interest, income taxes, depreciation and amortization ("Adjusted EBITDA") of $22.6 million Record Backlog of $4.025 billion, an increase of 30 percent over prior year Maintained quarterly d

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or the "Company") today announced its plans to release financial results for the first quarter 2022 on Monday, May 9, 2022, after market close. A copy of the Company's press release will be available on the Primoris website at www.primoriscorp.com. Management will host a conference call and webcast on Tuesday, May 10, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2022 results and review its financial outlook. Prepared remarks by Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will be followed by a question and an

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or the "Company") today announced financial results for its fourth quarter and full year ended December 31, 2021 and provided the Company's outlook for 2022. For the full year 2021, Primoris reported the following highlights (1): Revenue of $3.5 billion Utility Segment revenue up 21 percent Energy/Renewables Segment revenue up 15 percent Net income attributable to Primoris of $115.6 million, an increase of 10 percent over prior year Fully diluted earnings per share ("EPS") of $2.17 Adjusted net income attributable to Primoris ("Adjusted Net Income") of $143.3 million Adjusted diluted earnings per share ("Adjusted E

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or "Company") today announced its plans to release financial results for the fourth quarter and full year 2021 on Monday, February 28, 2022, after market close. Copies of the Company's press release will be available on the Primoris website at www.primoriscorp.com. Management will host a conference call and webcast on Tuesday, March 1, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's fourth quarter and full year 2021 results and update its financial outlook. Prepared remarks by Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or "Company") today announced financial results for its third quarter ended September 30, 2021 and updated the Company's outlook. For the third quarter 2021, Primoris reported the following highlights (1): Revenue of $913.2 million Energy/Renewables Segment revenue up 11 percent Utility Segment revenue up 10 percent Net income attributable to Primoris of $44.1 million Fully diluted earnings per share ("EPS") of $0.81 Adjusted net income attributable to Primoris ("Adjusted Net Income") of $48.5 million Adjusted diluted earnings per share ("Adjusted EPS") of $0.89 Adjusted earnings before interest, income taxes, de

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or "Company") today announced its plans to release financial results for the third quarter 2021 on Monday, November 8, 2021, after market close. A copy of the Company's press release will be available on the Primoris website at www.primoriscorp.com. Management will host a conference call and webcast on Tuesday, November 9, 2021, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's third quarter 2021 results and update its financial outlook. Prepared remarks by Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will be followed by a question a

Primoris Services Corporation (NASDAQ GS: PRIM) ("Primoris" or "Company") today announced financial results for its second quarter ended June 30, 2021 and updated the Company's 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 of $1.7 billion Record Master Service Agreements ("MSA") Backlog of $1.5 billion; 52 percent of total backlog Fully dilut