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 reported Q2 2021 results with net income of $33.0 million ($0.90 per diluted share), down from $39.5 million ($1.08) in Q2 2020. Revenue fell to $713.9 million from $743.5 million. Operating cash flow decreased to $25.4 million from $141.9 million. However, backlog increased to $1.84 billion, up from $1.66 billion in Q1 2021 and $1.53 billion in Q2 2020. For the first half of 2021, net income was $59.5 million on revenue of $1.38 billion, compared to $57.2 million on $1.44 billion in 2020.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.12 per share, reflecting a $0.005 increase from the previous dividend. This dividend is set to be paid on August 24, 2021, to stockholders who are on record as of the close of business on August 13, 2021. As a leading provider of HVAC and electrical contracting services, Comfort Systems operates 139 locations across 113 cities nationwide, indicating a robust presence in the market.
Comfort Systems USA, Inc. (NYSE: FIX) has announced its quarterly conference call for second quarter 2021 financial results, scheduled for Thursday, July 29, 2021, at 10:30 a.m. Central Time. The financial results will be released after market close on July 28, 2021. Investors can access the live call via the Company’s website and participate by dialing 1-877-319-0032 with conference passcode 7447577. A replay will be available the next business day.
Comfort Systems operates 139 locations across 113 cities nationwide, providing solutions for workplace comfort.
Comfort Systems USA, Inc. (NYSE: FIX) has announced its agreement to acquire Amteck, LLC, a leading electrical contracting firm based in Kentucky. Amteck is expected to generate annual revenues of $175 million to $200 million and EBITDA of $14 million to $17 million. This acquisition is anticipated to be neutral to slightly accretive to earnings per share in the first 12-18 months. Comfort Systems aims to leverage Amteck's expertise in complex projects to enhance its market position in the Southeastern U.S. and deepen customer relationships.
Comfort Systems USA reported a strong first quarter for 2021, with net income of $26.5 million or $0.73 per diluted share, up from $17.7 million or $0.48 a year prior. Revenue was $669.8 million, down from $700.1 million in 2020. Operating cash flow surged to $84.6 million from $21.9 million. Backlog increased to $1.66 billion, compared to $1.51 billion at year-end, though same-store backlog declined to $1.34 billion. The company anticipates continued strength in the upcoming quarters.
Comfort Systems USA (NYSE: FIX) has declared a quarterly dividend of $0.115 per share, payable on May 25, 2021, to stockholders of record by the close of business on May 14, 2021. As a leading provider in the heating, ventilation, air conditioning, and electrical contracting sectors, Comfort Systems operates 139 locations across 113 cities nationwide, showcasing its strong market presence.
Comfort Systems USA (NYSE: FIX) has announced a quarterly conference call scheduled for April 29, 2021, at 10:30 a.m. CT to discuss its first quarter 2021 financial results. The results will be released after the market closes on April 28, 2021. Investors can listen to the call live via the company's website. A replay will be available the following business day. Comfort Systems USA operates 139 locations across 113 U.S. cities, providing mechanical and electrical contracting services.
Comfort Systems USA reported a strong performance for Q4 and the full year 2020. Net income for Q4 was $42.8 million, or $1.17 per diluted share, up from $34.1 million in Q4 2019. Annual net income reached $150.1 million, or $4.09 per diluted share, compared to $114.3 million in 2019. Revenue for 2020 was $2.86 billion, a rise from $2.62 billion in 2019. Operating cash flow also saw significant growth, totaling $286.5 million. Despite slight decreases in backlog, the company anticipates solid profitability and cash flow in 2021, particularly in industrial and technology sectors.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.115 per share, an increase of $0.005 compared to the previous dividend. This dividend is payable on March 23, 2021, to stockholders on record as of the close of business on March 12, 2021. As a leading provider in HVAC and electrical contracting services, Comfort Systems USA operates 139 locations across 114 cities in the United States, emphasizing their commitment to delivering workplace comfort solutions.
Comfort Systems USA (NYSE: FIX) has scheduled its quarterly conference call for February 26, 2021, at 10:00 a.m. Central Time. The call will discuss the company's fourth quarter 2020 financial results, which will be released after market close on February 25, 2021. Interested participants can join by dialing 1-888-713-4218 and using the passcode 47939960. A replay will be available on the company's website following the call. Comfort Systems USA operates 139 locations across 114 cities, providing mechanical and electrical contracting services.
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