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PRIM Q3 2023 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena
PRIM
Primoris Services Corporation
$7B
Q3 2023 Earnings
Industrials
Engineering & Construction
Income Statement
Revenue
$1.5B
+19.1% YoY
Gross Profit
$174M
11.4% margin
Operating Income
$88M
5.8% margin
Net Income
$48M
3.1% margin
EPS (Diluted)
$0.89
QoQ Revenue Growth
+8.2%
Cash Flow
Operating Cash Flow
$74M
Free Cash Flow
$34M
Stock-Based Comp.
$4M
Balance Sheet
Total Assets
$3.8B
Total Liabilities
$2.6B
Stockholders' Equity
$1.2B
Cash & Equivalents
$161M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.5B
$1.3B
+19.1%
Gross Profit
$174M
$155M
+12.3%
Operating Income
$88M
$66M
+33.0%
Net Income
$48M
$43M
+11.9%
Revenue Segments
Energy
$885M
58%
Utilities
$645M
42%
← FY 2023
All Quarters
Q4 2023 →