Primoris completes PLH acquisition; PLH 2021 revenue $668M, net loss $72M with $51M impairment

Primoris Services Corp

PLH 2021 revenue $668.4M, net loss $72.3M (includes $51.4M goodwill impairment).
PLH long-term debt $106.9M at Dec 2021; stockholders' equity $99.1M.
Primoris closed PLH acquisition on August 1, 2022; original 8-K filed that date.
Filed audited 2021 and unaudited Q1 2022 PLH financials and pro forma combined data.
Acquisition adds electric and pipeline construction capabilities to Primoris.

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