PRIM Q2 2020 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q2 2020 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$908M+15.0% YoY

Gross Profit

$101M11.1% margin

Operating Income

$50M5.5% margin

Net Income

$33M3.6% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+22.2%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$54M

Stock-Based Comp.

$703,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$645M

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$908M	$790M	+15.0%
Gross Profit	$101M	$81M	+25.4%
Operating Income	$50M	$32M	+55.7%
Net Income	$33M	$18M	+85.3%

Revenue Segments

P And U Segment

$290M32%

U And D Segment

$230M25%

P I And E Segment

$157M17%

Civil Segment

$121M13%

Utility Transmission And Distribution

$110M12%