Myr Group Inc Del Stock Price, News & Analysis

MYR Group (NASDAQ: MYRG), a holding company specializing in electric utility infrastructure and construction services in the US and Canada, has announced its participation in the Baird 2025 Global Consumer, Technology & Services Conference. The company's CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors during the conference on June 4, 2025, in New York City. The event is exclusively available to Baird clients.

MYR Group (NASDAQ: MYRG), a specialty contractor company focused on electric utility infrastructure and commercial/industrial construction in the US and Canada, has announced its participation in the Stifel 2025 Boston Cross Sector 1x1 investor conference. The company's CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors during the conference on June 3, 2025, in Boston. The event is exclusively available to Stifel clients.

MYR Group (NASDAQ: MYRG), a specialty contractor holding company focused on electric utility infrastructure and commercial/industrial construction in the US and Canada, has announced its participation in Bernstein's 41st Annual Strategic Decisions Conference. The event, scheduled for May 30, 2025 in New York City, will feature CEO Rick Swartz and CFO Kelly Huntington meeting with institutional investors. The conference is exclusively available to Bernstein clients.

MYR Group reported strong Q1 2025 financial results with quarterly revenues of $833.6 million and net income of $23.3 million ($1.45 per diluted share). The company's EBITDA reached $50.2 million, while total backlog stood at $2.64 billion.

The Transmission and Distribution segment posted revenues of $461.8 million, showing a decrease due to reduced clean energy project revenue. However, the Commercial and Industrial segment saw growth with revenues of $371.9 million. Gross profit increased to $96.9 million, with margins improving to 11.6%.

Key financial metrics include:

• Borrowing availability of $379.4 million
• T&D backlog: $872.5 million
• C&I backlog: $1.77 billion
• Total backlog increase: 8.9% year-over-year

CEO Rick Swartz highlighted strong bidding activity and growing electrification demand as positive indicators for continued growth.

MYR Group, a leading specialty contractor in electric utility infrastructure and construction, has announced its participation in the upcoming Bank of America Power, Utilities & Alternative Energy Conference in New York City.

Key details:

• Event Date: Thursday, May 29, 2025
• Location: New York City
• Company Representatives: CEO Rick Swartz and CFO Kelly Huntington
• Event Access: Exclusive to Bank of America clients

The company, which operates across the United States and Canada, will engage with institutional investors during the conference. MYR Group specializes in serving electric utility infrastructure, commercial and industrial construction markets in North America.

MYR Group, a leading specialty contractor in electric utility infrastructure and construction markets across the United States and Canada, has announced its participation in the upcoming KeyBanc Industrials & Basic Materials Conference.

The conference, scheduled for May 28, 2025 in Boston, will feature MYR Group's leadership team. Rick Swartz (Chief Executive Officer) and Kelly Huntington (Chief Financial Officer) will engage with institutional investors during the event.

Key Points:

• Event: KeyBanc Industrials & Basic Materials Conference
• Date: Wednesday, May 28, 2025
• Location: Boston
• Company Representatives: CEO Rick Swartz and CFO Kelly Huntington
• Access: Exclusive to KeyBanc clients

The company, traded on NASDAQ under the symbol MYRG, continues to maintain its presence in key industry events, demonstrating its commitment to investor relations and market visibility.

MYR Group (NASDAQ: MYRG), a specialty contractor company operating in electric utility infrastructure and commercial/industrial construction across the US and Canada, has scheduled its first quarter 2025 earnings release for Wednesday, April 30, 2025, after market close.

The company will host a conference call and webcast to discuss the results on Thursday, May 1, 2025, at 8 a.m. Mountain Time. Interested participants can pre-register for the telephone conference through the provided registration link, while the audio-only webcast will be accessible via the Investors page on MYR Group's website. A replay of the webcast will remain available for seven days following the event.

MYR Group (NASDAQ: MYRG), a specialty contractor holding company focused on electric utility infrastructure and commercial/industrial construction in the US and Canada, has announced its participation in the Oppenheimer 20th Annual Industrial Growth Conference.

CEO Rick Swartz and CFO Kelly Huntington will conduct virtual meetings with institutional investors during the conference on May 6, 2025. The event is exclusively available to Oppenheimer clients.

MYR Group (NASDAQ: MYRG) reported its Q4 and full-year 2024 financial results, along with a new $75 million share repurchase program. Q4 2024 showed revenues of $829.8M (down 17.4% YoY), net income of $16.0M ($0.99 per diluted share), and EBITDA of $45.5M.

Full-year 2024 results included revenues of $3.36B (down 7.7% YoY), net income of $30.3M ($1.83 per diluted share), and EBITDA of $117.8M. The company maintained a strong backlog of $2.58B, reflecting ongoing infrastructure investment opportunities.

The T&D segment reported quarterly revenues of $450.0M (down 23.9% YoY), while C&I segment revenues were $379.8M (down 8.0% YoY). Gross margin improved to 10.4% in Q4 2024 from 9.7% in Q4 2023, despite challenges with certain clean energy projects.