PRIM Q1 2020 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q1 2020 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$743M+12.3% YoY

Gross Profit

$48M6.4% margin

Operating Income

$3M0.5% margin

Net Income

-$4M-0.5% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$15M

Stock-Based Comp.

$499,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.2B

Stockholders' Equity

$614M

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$743M	$662M	+12.3%
Gross Profit	$48M	$52M	-8.9%
Operating Income	$3M	$10M	-64.1%
Net Income	-$4M	$2M	-291.9%

Revenue Segments

P I And E Segment

$196M26%

P And U Segment

$192M26%

U And D Segment

$147M20%

Civil Segment

$106M14%

Utility Transmission And Distribution

$103M14%