Comfort Systems Q3 net income $105M ($2.93 EPS), revenue $1.38B, raises dividend to $0.25

COMFORT SYSTEMS USA INC

2023-Q3 EPS reported $6.46 revenue$3,849,194,000

Q3 2023 net income $105.1M ($2.93 diluted EPS) vs $61.5M ($1.71) YoY; revenue $1.38B vs $1.12B.
Operating cash flow $214.2M vs $61.2M YoY; backlog at $4.29B, up 32% from $3.25B YoY.
Quarterly dividend increased to $0.25/share (annual $1.00), a $0.025 increase; payable Nov 27, record Nov 16.
Nine-month net income $231.8M ($6.46 EPS) on revenue $3.85B, vs $190.5M ($5.28) on $3.02B YoY.
CEO cites strong demand and expects continued strong results in Q4 and 2024.

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