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. (NASDAQ: MYRG) delivers essential electrical construction services through its Transmission & Distribution and Commercial & Industrial segments. This news hub provides investors and industry professionals with direct access to official company announcements and strategic updates.
Find curated press releases covering project awards, financial results, operational milestones, and leadership developments. Our repository simplifies tracking MYRG's role in grid modernization, renewable energy integration, and critical infrastructure projects across North America.
Key updates include quarterly earnings reports, major contract announcements, safety recognitions, and technological innovations. Bookmark this page for timely insights into MYRG's expanding capabilities in electrical infrastructure development and maintenance.
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.
MYR Group (NASDAQ: MYRG), a leading specialty contractor in electric utility infrastructure and commercial/industrial construction across the US and Canada, has announced its participation in the upcoming Sidoti Small-Cap Virtual Conference. The company's CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors in virtual meetings scheduled for Wednesday, March 19, 2025. The conference is exclusively available to Sidoti clients.
MYR Group (NASDAQ: MYRG), a holding company of specialty contractors serving electric utility infrastructure and commercial/industrial construction markets in the United States and Canada, has announced its upcoming fourth quarter and full year 2024 earnings release schedule. The company will release its financial results on Wednesday, February 26, 2025, after market close.
A conference call and simultaneous webcast to discuss the results is scheduled for Thursday, February 27, 2025, at 8 a.m. Mountain time. Interested participants can register in advance for the telephone conference through a provided registration link. The webcast will be accessible from MYR Group's website Investors page, with a replay available for seven days following the event.
MYR Group (NASDAQ: MYRG), a leading specialty contractor in electric utility infrastructure and commercial/industrial construction across the US and Canada, has announced its participation in the upcoming Cantor Global Technology Conference.
The company's CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors during the inaugural conference, scheduled for March 12, 2025, in New York. The event is exclusively available to Cantor clients.
MYR Group (NASDAQ: MYRG), a leading specialty contractor in electric utility infrastructure and construction, has announced its participation in the upcoming Goldman Sachs Energy, CleanTech & Utilities Conference. The company's CEO Rick Swartz and CFO Kelly Huntington will engage with institutional investors during the conference, scheduled for January 7, 2025, in Aventura, Florida. The event is exclusively available to Goldman Sachs clients. MYR Group operates across the United States and Canada, serving electric utility infrastructure, commercial, and industrial construction markets.
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