MYRG Q2 2024 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$829M-6.7% YoY

Gross Profit

$41M4.9% margin

Operating Income

-$21M-2.5% margin

Net Income

-$15M-1.8% margin

EPS (Diluted)

$-0.91

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$950M

Stockholders' Equity

$633M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$829M	$889M	-6.7%
Gross Profit	$41M	$90M	-54.7%
Operating Income	-$21M	$32M	-163.8%
Net Income	-$15M	$22M	-168.6%

Revenue Segments

Commercial And Industrial

$1.7B72%

Transmission And Distribution

$652M28%