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Primoris Services Corporation (PRIM) delivers essential infrastructure solutions across North America's energy and utilities sectors. This dedicated news hub provides investors and industry professionals with authoritative updates on the company's strategic developments, project milestones, and operational achievements.
Access real-time press releases and analysis covering PRIM's engineering projects, utility infrastructure contracts, and energy sector partnerships. Our curated collection includes updates on pipeline construction initiatives, utility system upgrades, and regulatory compliance developments that shape the company's market position.
Key updates feature earnings announcements, major contract awards, and technological advancements in infrastructure services. Track PRIM's progress in critical areas including renewable energy projects, gas distribution systems, and water/wastewater infrastructure developments.
Bookmark this page for direct access to Primoris Services Corporation's official communications and expert analysis. Stay informed about one of North America's leading infrastructure specialists through comprehensive coverage of operational updates and strategic business decisions.
Primoris Services Corporation (NASDAQ GS: PRIM) reported second quarter 2021 financial results, highlighting revenue of $881.6 million, a 3 percent decline from the previous year. The Utility Segment grew 25 percent, while the Energy/Renewables Segment increased 20 percent. Net income attributable to Primoris stood at $36.3 million, with earnings per share at $0.67. Backlog reached $2.9 billion. The company anticipates net income for the year to be between $2.30 and $2.50 per diluted share, considering dilution from a recent secondary offering.
Primoris Services Corporation (NASDAQ: PRIM) has scheduled its second quarter 2021 financial results release for August 3, 2021, after market close. A conference call will follow on August 4, 2021, at 11:00 a.m. CT to discuss the results and financial outlook, featuring CEO Tom McCormick and CFO Ken Dodgen. Interested parties can join via phone or webcast. A replay will be available post-call for a week. For more details, visit www.primoriscorp.com.
Primoris Services Corporation (NASDAQ Global Select: PRIM) announced that its President and CEO, Tom McCormick, along with CFO Ken Dodgen, will participate in the CJS Securities 21st Annual New Ideas Summer Virtual Conference on July 13, 2021. A presentation will be available on the Company’s Investor Relations website before NASDAQ trading opens that day. Primoris, founded in 1960, is a leader in specialty contracting services across the U.S. and Canada, serving a diverse range of blue-chip clients.
Primoris Services Corporation (NASDAQ: PRIM) has announced that John Moreno, COO, and Ken Dodgen, CFO, will take part in investor meetings and a fireside chat at the Sidoti & Company LLC Virtual Investor Conference on June 24, 2021. This chat is set for 9:00 a.m. CT (10:00 a.m. ET). A live webcast will be accessible via the Primoris website, with a replay available three hours post-event for 30 days. Founded in 1960, Primoris is a leading provider of specialty contracting services across the U.S. and Canada.
Primoris Services Corporation (NASDAQ: PRIM) announced its participation in two upcoming virtual conferences: the UBS Global Industrials & Transportation Virtual Conference on June 9, 2021, and the Stifel Virtual Cross Sector Insight Conference on June 10, 2021. The Company’s presentation will be available on its Investor Relations website, www.primoriscorp.com, before NASDAQ trading opens on the days of the presentations. Founded in 1960, Primoris is a leading provider of specialty contracting services across the U.S. and Canada.
Primoris Services Corporation (NASDAQ: PRIM) has announced participation in the KeyBanc Capital Markets Industrials & Basic Materials Virtual Conference on June 2, 2021. Tom McCormick, President and CEO, along with Ken Dodgen, CFO, will represent the company. The presentation will be accessible on the company's Investor Relations website before NASDAQ trading opens that day. Founded in 1960, Primoris is a top provider of specialty contracting services across the U.S. and Canada, offering construction, fabrication, maintenance, and engineering services to a diverse client base.
Primoris Services Corporation (NASDAQ Global Select: PRIM) announced the award, renewal, or extension of 15 multi-year contracts worth over $525 million, primarily through its Utilities Segment. Among these, a significant $60 million five-year MSA agreement focuses on installing fiber-optic cables in the Gulf Coast region to enhance telecommunications in underserved communities. Additionally, contracts cover natural gas distribution and electrical system construction, with ongoing projects expected to be completed in 2022, 2023, and 2025.
Primoris Services Corporation (NASDAQ: PRIM) announced its first-quarter financial results for 2021, reporting revenue of $818.3 million, a 10% increase year-over-year. Net income rose to $5.9 million from a loss of $3.7 million in the prior year, resulting in fully diluted earnings per share of $0.12. Key achievements included the acquisition of Future Infrastructure, which contributed significantly to revenue growth, particularly in the Utilities segment with a 34% increase. The company also reported a backlog of $3.1 billion as of March 31, 2021.
Primoris Services Corporation (NASDAQ GS: PRIM) has announced the outcomes of its Annual Meeting of Stockholders on May 4, 2021. The stockholders elected nine directors, including notable figures such as David L. King and Tom McCormick. The meeting also ratified Moss Adams LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021. Chairman David L. King expressed gratitude to retiring board members and welcomed new board member Jose Rodriguez, emphasizing the company’s commitment to shareholder trust and governance.
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