PRIM Q2 2019 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q2 2019 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$790M+21.8% YoY

Gross Profit

$81M10.2% margin

Operating Income

$32M4.0% margin

Net Income

$18M2.3% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+19.4%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$67M

Stock-Based Comp.

$371,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.2B

Stockholders' Equity

$621M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$790M	$649M	+21.8%
Gross Profit	$81M	$71M	+12.8%
Operating Income	$32M	$20M	+57.0%
Net Income	$18M	$12M	+51.8%

Revenue Segments

U And D Segment

$222M28%

P I And E Segment

$172M22%

P And U Segment

$137M17%

Utility Transmission And Distribution

$135M17%

Civil Segment

$123M16%