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MYR Group, Inc. - $MYRG STOCK NEWS

Welcome to our dedicated page for MYR Group news (Ticker: $MYRG), a resource for investors and traders seeking the latest updates and insights on MYR Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MYR Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MYR Group's position in the market.

Rhea-AI Summary
MYR Group Inc. to attend Sidoti 15th Annual September investor conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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conferences
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Rhea-AI Summary
MYR Group Inc. announced its Q2 2023 financial results, reporting record quarterly revenues of $888.6 million and a record backlog of $2.73 billion. Net income for Q2 2023 was $22.3 million, a 13.2% increase compared to Q2 2022. The company sees ongoing opportunities for long-term growth due to investment in electrical infrastructure and the demand for clean energy sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
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conferences
Rhea-AI Summary
MYR Group Inc. announces a new $75.0 million share repurchase program, effective May 9, 2023. The program allows the company to repurchase its outstanding shares of common stock on the open market or through privately negotiated transactions. The program will expire on November 8, 2023, or when the authorized funds are exhausted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
buyback
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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conferences
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
7.63%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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MYR Group, Inc.

Nasdaq:MYRG

MYRG Rankings

MYRG Stock Data

2.69B
16.43M
2.27%
95.76%
2.62%
Water and Sewer Line and Related Structures Construction
Construction
Link
United States of America
THORNTON

About MYRG

myr group inc. is a leading specialty contractor serving the electrical infrastructure industry and commercial/industrial markets consisting the following subsidiaries: the l.e. myers co.; sturgeon electric company, inc.; harlan electric company; myr transmission services, inc.; great southwestern construction, inc.; e.s. boulos company and myr group construction canada, ltd. myr group construction canada, ltd. consists of two subsidiaries: northern transmission services, ltd. and myr transmission services canada, ltd. myr group has been a key player in the electrical industry, helping to build and maintain electric delivery infrastructure. our commitment to continuous improvement and superior customer service continues to make myr a leader in the industry. in addition to a broad presence, complete menu of services, highly skilled workforce, and an experienced management team, myr maintains one of the largest fleets of specialized transmission and distribution equipment in north amer