Welcome to our dedicated page for Comfort Sys Usa news (Ticker: FIX), a resource for investors and traders seeking the latest updates and insights on Comfort Sys Usa stock.
Comfort Systems USA, Inc. (NYSE: FIX) is described in its public disclosures as a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services. News about FIX often centers on its mechanical and electrical contracting activities, financial performance, capital allocation decisions and corporate governance developments.
Investors following Comfort Systems USA news can expect regular quarterly earnings releases that report revenue, net income, cash flow and backlog, along with management commentary on demand trends in key markets. These releases frequently include non-GAAP measures such as Adjusted EBITDA and free cash flow, with definitions and reconciliations, and are often accompanied by conference call and webcast announcements for further discussion of results.
The company also issues news regarding dividend declarations and increases, providing details on quarterly cash dividends, record dates and payment dates. In addition, Comfort Systems USA has announced changes and expansions to its stock repurchase program, including updates on shares repurchased and authorization levels, which are of interest to shareholders tracking capital allocation.
Other notable news items include leadership transitions and executive appointments, such as the planned appointment of a new President and Chief Operating Officer and succession in the General Counsel role, as well as disclosures about amended and restated credit facilities and investor presentations. Together, these updates give a view into Comfort Systems USA’s operations, financing arrangements and strategic direction. For investors and analysts, the FIX news feed provides a centralized way to review the company’s official announcements and financial communications over time.
Comfort Systems USA, Inc. (NYSE: FIX) has scheduled its quarterly conference call for October 27, 2022, at 10:30 a.m. Central Time to discuss third quarter financial results. These results will be released after market close on October 26, 2022. The call will be accessible via the Company's website, and a replay will be available the following business day. Comfort Systems operates 173 locations across 129 cities nationwide, focusing on mechanical and electrical contracting services.
Comfort Systems USA reported strong financial results for Q2 2022, with net income of $42.2 million ($1.17 per diluted share), compared to $33.0 million ($0.90 per diluted share) in Q2 2021. Revenue surged to $1,017.9 million, up from $713.9 million a year earlier. Operating cash flow reached $44.6 million, up from $25.4 million. Backlog increased to $2.81 billion, reflecting strong market activity. For the first half of 2022, net income totaled $129.0 million on $1.90 billion revenue. CEO Brian Lane highlighted ongoing investment in workforce and anticipated continued strong earnings despite input cost challenges.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.14 per share, payable on August 29, 2022, to stockholders of record by August 18, 2022. The company operates 174 locations across 128 cities in the U.S., providing commercial, industrial, and institutional HVAC and electrical contracting services. This dividend reflects the company's ongoing commitment to delivering shareholder value and maintaining financial stability.
Comfort Systems USA, Inc. (NYSE: FIX) announced its quarterly conference call and webcast scheduled for July 28, 2022, at 10:30 a.m. Central Time. This call will focus on the second quarter 2022 financial results, which will be released after market close on July 27, 2022. The conference call will be available for live listening on the company's website, and a replay will be accessible the following business day. Comfort Systems operates 174 locations across 128 cities, delivering mechanical and electrical contracting services.
Comfort Systems USA (NYSE: FIX) has expanded its senior debt facility from
Comfort Systems USA, Inc. (NYSE: FIX) has announced an extension to its stock repurchase program, now allowing the purchase of up to 1,000,000 additional shares. This follows the repurchase of 9,944,125 shares at an aggregate cost of $233,061,710 as of May 17, 2022. The repurchases will be executed at the Company's discretion, using available cash. The Board of Directors retains the right to modify or terminate the program. This move aims to enhance shareholder value amidst ongoing market conditions.
Comfort Systems USA, Inc. (NYSE: FIX) reported strong first-quarter 2022 results with net income of $86.8 million, or $2.40 per diluted share, a significant increase from $26.5 million in Q1 2021. Revenue grew to $885.2 million from $669.8 million, and backlog rose to $2.73 billion. The earnings included a one-time benefit of $1.49 per share related to tax refunds. Operating cash flow was $63.7 million, down from $84.6 million in the prior year. The company remains optimistic about future growth.
Comfort Systems USA, Inc. (NYSE: FIX) has announced a quarterly dividend of $0.14 per share, reflecting a $0.01 increase from its previous dividend. This dividend will be payable on May 27, 2022, to stockholders of record by the close of business on May 16, 2022. The company operates 173 locations across 128 cities, providing commercial and industrial HVAC and electrical contracting services.
Comfort Systems USA, Inc. (NYSE: FIX) has announced its quarterly conference call scheduled for
With 173 locations in 128 cities, Comfort Systems USA provides mechanical and electrical contracting services focused on workplace comfort.
Comfort Systems USA, Inc. (NYSE: FIX) has acquired Atlantic Electric, LLC, based in Charleston, South Carolina. This acquisition is expected to generate annual revenues of approximately $50 million and an EBITDA of around $5 million. Atlantic, established in 1969, specializes in electrical contracting and runway lighting installation in the Southeast. The deal is anticipated to be neutral to slightly accretive to earnings per share in 2022 and 2023, enhancing Comfort Systems' capabilities in key markets.
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