PRIM Q3 2019 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q3 2019 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$865M-4.8% YoY

Gross Profit

$108M12.5% margin

Operating Income

$59M6.8% margin

Net Income

$36M4.1% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$35M

Stock-Based Comp.

$360,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$654M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$865M	$909M	-4.8%
Gross Profit	$108M	$107M	+1.8%
Operating Income	$59M	$51M	+14.7%
Net Income	$36M	$33M	+9.0%

Revenue Segments

U And D Segment

$282M33%

P I And E Segment

$201M23%

P And U Segment

$134M15%

Utility Transmission And Distribution

$129M15%

Civil Segment

$120M14%