Primoris reports record $4B backlog; FY2021 revenue $3.5B, adjusted EPS $2.70

Primoris Services Corp

2021-FY EPS reported $2.17 revenue$3,497,632,000

FY2021 revenue $3.5B (+15% YoY); Utility segment up 21%, Energy/Renewables up 15%.
Adjusted EPS $2.70; net income $115.6M (+10%); Q4 revenue $884.4M, adjusted EPS $0.63.
Record backlog $4.0B, up 44% from prior year.
Declared $0.06/sh dividend (payable 4/14/22, record 3/31/22); share repurchase replenished to $25M.

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