Welcome to our dedicated page for Myr Group Del news (Ticker: MYRG), a resource for investors and traders seeking the latest updates and insights on Myr Group Del stock.
MYR Group Inc. reports developments for a specialty electrical construction holding company serving electric utility infrastructure, commercial construction, and industrial construction markets in the United States and Canada. Its operating updates center on Transmission and Distribution work for electric networks and substations, along with Commercial and Industrial projects.
Recurring news themes for MYRG include quarterly and full-year financial results, segment revenue trends, backlog, project demand, earnings call schedules, and investor conference participation. Company updates also discuss services such as design, engineering, procurement, construction, upgrades, maintenance, and repair across its utility and construction end markets.
MYR Group (NASDAQ: MYRG) reported record second‑quarter 2026 revenues of $1.08 billion, up $181.4 million year over year, driven by Transmission & Distribution revenues of $524.0 million and record Commercial & Industrial revenues of $557.7 million. Quarterly net income reached a record $49.9 million ($3.17 per diluted share) and EBITDA was $85.0 million. Gross margin rose to 13.2% from 11.5%, helped by better‑than‑anticipated productivity, favorable job closeouts and scope increases, partly offset by project inefficiencies. First‑half 2026 revenues were $2.08 billion with net income of $96.7 million ($6.15 per diluted share). Backlog as of June 30, 2026 was a record $3.16 billion, up 19.6% year over year. The company closed the acquisitions of Valley Electric and Comet Electric on July 1 and ended the quarter with $137.9 million in cash and $460.5 million of availability on its $490 million revolver.
MYR Group (NASDAQ: MYRG) will release its second quarter 2026 financial results on Wednesday, July 29, 2026, after the market closes. The company will host a conference call and simultaneous audio-only webcast to discuss the results on Thursday, July 30, 2026, at 8 a.m. Mountain Time.
According to MYR Group, investors can access the webcast from the Investors page of the company’s website at myrgroup.com, and a replay of the webcast will be available for seven days.
MYR Group (NASDAQ: MYRG) entered a definitive agreement to acquire Valley Holdings, including Valley Electric and Comet Electric, for about $328 million, subject to adjustments. The deal, funded with cash and revolver borrowings, is expected to close around July 1, 2026, pending regulatory approvals.
Valley Electric and Comet Electric generated combined average annual revenues above $400 million over the last two years, broadening MYR Group’s commercial and industrial electrical contracting presence in the Western U.S. and Southern California.
MYR Group (NASDAQ: MYRG) will attend the Wells Fargo Industrials & Materials investor conference on June 10, 2026, in Chicago.
CEO Rick Swartz, CFO Kelly Huntington, and VP Investor Relations and Treasurer Jennifer Harper will meet with institutional investors. The event is limited to Wells Fargo clients.
MYR Group (NASDAQ: MYRG) will attend the Baird Global Consumer, Technology & Services investor conference on June 4, 2026 in New York City.
CEO Rick Swartz, CFO Kelly Huntington, and VP Investor Relations Jennifer Harper will meet with institutional investors; the event is available only to Baird clients.
MYR Group (NASDAQ: MYRG) will attend the Stifel 2026 Boston Cross Sector 1x1 investor conference on June 3, 2026 in Boston. Senior management — CEO Rick Swartz, CFO Kelly Huntington, and VP IR Jennifer Harper — will meet with institutional investors. The event is available to Stifel clients only.
MYR Group (NASDAQ: MYRG) will attend the KeyBanc Industrials & Basic Materials investor conference on May 28, 2026 in Boston.
Company executives Rick Swartz (CEO), Kelly Huntington (CFO) and Jennifer Harper (VP, Investor Relations and Treasurer) will meet with institutional investors; the event is limited to KeyBanc clients.
MYR Group (NASDAQ: MYRG) reported Q1 2026 revenue of $1.00 billion, record net income of $46.8 million ($2.99 per diluted share), record EBITDA of $81.5 million and record backlog of $2.84 billion.
Cash and equivalents were $163.2 million and available borrowing capacity was $460.5 million. Gross margin rose to 13.4%.
MYR Group (NASDAQ: MYRG) will release first quarter 2026 results on Apr. 29, 2026 after market close and will host a conference call and webcast on Apr. 30, 2026 at 8:00 a.m. Mountain Time. Telephone participants must register in advance to receive dial-in details and a unique passcode.
Investors can access an audio-only webcast on MYR Group's Investors page; a replay will be available for seven days.
MYR Group (NASDAQ: MYRG) will participate in the Cantor Global Technology & Industrial Growth Conference on March 10, 2026 in New York City. Senior management including CEO Rick Swartz and CFO Kelly Huntington will meet institutional investors. The event is restricted to Cantor clients.