Primoris Q3 2021: Revenue $913M, EPS $0.81, Adj EPS $0.89; Backlog $2.7B; authorizes $25M buyback

Primoris Services Corp

2021-Q3 EPS reported $1.63 revenue$2,613,184,000

Revenue of $913.2M; Energy/Renewables up 11%, Utility up 10% vs prior year.
Net income $44.1M, diluted EPS $0.81; Adjusted EPS $0.89.
Adjusted EBITDA $94.7M; YTD net income up 18% to $86.2M.
Board declared $0.06/share cash dividend (unchanged), payable Jan 14, 2022 to holders of record Dec 31, 2021.
Board authorized $25M share repurchase program expiring Dec 31, 2022.

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