Myr Group Inc Del Stock Price, News & Analysis

MYR Group Inc. (MYRG), a leading specialty contractor, will release its Q3 and nine-month 2021 financial results on October 27, 2021, after market close. A conference call to discuss the results is scheduled for October 28, 2021, at 8:00 AM Mountain Time. Interested parties can join via telephone or access a live webcast through MYR's investor relations website. A replay of the call will be available until November 4, 2021. MYR specializes in electric utility infrastructure, serving various sectors including commercial and industrial construction.

MYR Group Inc. (NASDAQ: MYRG) announced a significant contract through its subsidiary, CSI Electrical Contractors, with a renewable energy developer for a solar project in California. Valued at over $100 million, the project includes a 110MWDC solar installation and a 280MWh battery storage system. Engineering, procurement, and construction services will be provided by CSI, with project ground-breaking set for spring 2022 and expected completion in early 2023. This initiative aligns with MYR Group's strategy to enhance its capabilities in the renewable energy sector.

MYR Group Inc. (NASDAQ: MYRG), a leader in electric utility infrastructure and construction services, will attend the D.A. Davidson 20th Annual Diversified Industrials & Services Conference. CEO Rick Swartz and CFO Betty Johnson will meet with institutional investors virtually on September 23, 2021. This event is exclusive to D.A. Davidson clients. MYR Group specializes in electrical installations and services for commercial and industrial markets, serving a wide range of customers including utilities and developers across the U.S. and Canada.

MYR Group (NASDAQ: MYRG) will attend Morgan Stanley’s Virtual 9th Annual Laguna Conference on September 13, 2021. CEO Rick Swartz and CFO Betty Johnson will engage with institutional investors during this exclusive event. MYR Group specializes in electric utility infrastructure and industrial construction across the US and western Canada, providing comprehensive services including design, construction, and maintenance of electrical installations. MYR Group serves a diverse clientele including utilities, developers, and industrial owners. For further details, visit myrgroup.com.

MYR Group Inc. (MYRG) reported record second-quarter 2021 results, achieving revenues of $649.6 million, a 26.6% increase year-over-year. Net income reached $21.2 million or $1.24 per diluted share, marking a 58.5% increase compared to the previous year. EBITDA also increased to $41.2 million. The backlog stood strong at $1.57 billion. Key growth drivers include grid modernization and clean energy initiatives. However, selling, general, and administrative expenses rose to $51.9 million, influenced by higher employee compensation costs.

MYR Group Inc. (NASDAQ: MYRG), a leading contractor for electric utility, commercial, and industrial construction, will release its second-quarter and first-half 2021 results on July 28, 2021, after market close. A conference call will be held on July 29, 2021, at 8:00 a.m. Mountain time to discuss the results. Interested parties can participate via telephone or access a live webcast through MYR's Investor Relations website. Replays of the conference call will be available until August 5, 2021.

MYR Group Inc. (NASDAQ: MYRG) announced its participation in Sidoti’s June 2021 Virtual Small Cap Conference, scheduled for June 24, 2021. The company’s CEO, Rick Swartz, and CFO, Betty Johnson, will engage with institutional investors during this event. MYR Group specializes in electric utility infrastructure and commercial construction services across the U.S. and western Canada, offering comprehensive installations, maintenance, and repair services for various clients, including utilities and industrial facility owners.

MYR Group has reported strong first-quarter 2021 financial results, with revenues reaching $592.5 million, marking a 14.3% increase year-over-year. The company achieved a record net income of $19.9 million or $1.17 per diluted share, along with EBITDA of $39.3 million. Backlog stood at $1.64 billion, reflecting a 6.7% increase compared to Q1 2020. The management emphasized market stability and opportunities driven by clean energy shifts and infrastructure investments. Despite increased SG&A expenses, effective tax rate improvements contributed to favorable income outcomes.

MYR Group Inc. (NASDAQ: MYRG) will release its first-quarter 2021 results on April 28, 2021, after market close. A conference call to discuss these results is scheduled for April 29, 2021, at 8:00 a.m. Mountain time. Participants can join via telephone or access a live webcast on MYR’s website. A replay of the call will be available until May 6, 2021. MYR Group specializes in electric utility infrastructure and commercial construction services across the U.S. and western Canada, offering comprehensive electrical installation services.