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Primoris Services Corporation Announces 2017 Third Quarter Financial Results

Primoris Services Corporation (PRIM) 
Last primoris services corporation earnings: 2/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.primoriscorp.com
Company Research Source: GlobeNewswire
Board of Directors Increased Quarterly Cash Dividend to $0.06 Per Share Financial Highlights 2017 Q3 revenues of $608.3 million, a 20% increase over 2016 Q32017 Q3 gross profit of $70.4 million, a 40% increase over 2016 Q32017 Q3 net income attributable to Primoris of $20.6 million, a $16.1 million (357%) increase over 2016 Q3.  Earnings per share of $0.40 increased by $0.31 from 2016 Q3.At September 30, 2017, total backlog of $2.6 billion DALLAS, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ:PRIM) (“Primoris” or “Company”) today announced financial results for its third quarter ended September 30, 2017. The Company also announced that on November 2, 2017, its Board of Directors authorized a 9% increase in the quarterly cash dividend to $0.06 per share from $0.055 per share.  The cash dividend will be paid to stockholders of record on December 29, 2017, payable on or about January 15, 2018.  David King, President and Chief Executive Officer of Primori Show less Read more
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