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Stock impact report

Electrical and Data Center Demand Power Comfort Systems' (FIX) Standout Quarter [Yahoo! Finance]

Comfort Systems USA, Inc. (FIX) 
Last comfort systems usa, inc. earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Comfort Systems USA, Inc. (NYSE:FIX)'s third quarter stood out in a way that is hard to miss. Same-store revenue rose 33%. Margins moved higher. Earnings per share more than doubled from a year ago. Free cash flow for the quarter came in above $500 million, a level that reshapes expectations for the business. CFO William George said revenue reached $2.5 billion, an increase of $639 million from last year. The electric segment drove much of that growth, with revenue up 71%, while mechanical revenue climbed 26%. He also noted that the company crossed an important milestone, generating more than $400 million in quarterly EBITDA for the first time. That figure was up 74% from the same quarter a year earlier. The results reflect where the company has been focusing its efforts. Comfort Systems USA, Inc. (NYSE:FIX) works across mechanical, electrical, and plumbing services for commercial, institutional, and industrial customers. Its scope runs from designing and installing HVAC systems Show less Read more
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