earnings
confidence high
sentiment neutral
materiality 0.70
Primoris Q1 net loss $1.7M, revenue $784M, record backlog $4.025B
Primoris Services Corp
2022-Q1 EPS reported
-$0.03
revenue$784,384,000
- Revenue $784.4M; net loss $1.7M ($0.03 diluted EPS loss); adjusted EPS $0.01.
- Record backlog $4.025B (+30% YoY); Adjusted EBITDA $22.6M.
- Dividend maintained at $0.06/share; payable July 15, 2022, record June 30.
- Stockholders approved 2022 ESPP authorizing 1M shares; all directors elected.