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Comfort Systems USA Reports First Quarter Results

Comfort Systems USA, Inc. (FIX) 
Last comfort systems usa, inc. earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: Business Wire
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 USA’s President and Chief Executive Officer, said, “Our expert and dedicated employees achieved superb execution for our customers this quarter, and our newly acquired companies are off to a great start. First quarter results were extraordinary, with per share earnings more than a dollar above the same quarter last year, increased backlog, and over $140 million in cash flow. Our mechanical business improved, and our e Show less Read more
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