Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
Primoris Services Corporation (PRIM)
Last primoris services corporation earnings: 2/25 06:30 am
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investor.primoriscorp.com
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Source: Yahoo! Finance
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 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 operating income Adjusted net income of $154.7 million, or $2.85 per diluted share, an increase of 13.9 percent from the full year of 2022 Record total backlog of $10.9 billion, up 19.8 percent from 2022 year end, including total Master Service Agreements ("MSA") backlog of $5.7 billion, up from $5.5 billion at year end 2022 Adjusted earnings before interest, income taxes, depreciation and amortization ("Adj
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PRIM
Earnings
- 2/26/24 - Beat
PRIM
Sec Filings
- 5/3/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- PRIM's page on the SEC website