Welcome to our dedicated page for Primoris Svcs news (Ticker: PRIM), a resource for investors and traders seeking the latest updates and insights on Primoris Svcs stock.
Primoris Services Corporation (NYSE: PRIM) is a specialty contractor that provides critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. This news page aggregates company announcements, earnings releases, and other updates so readers can follow how Primoris’ Utilities and Energy segments are performing over time.
Public releases from Primoris frequently highlight quarterly financial results, including revenue trends, segment performance, and the use of non-GAAP measures such as Adjusted Net Income, Adjusted EPS, and Adjusted EBITDA. These updates also discuss factors affecting margins and growth, such as increased activity in power delivery, gas operations, communications, renewable energy, and industrial projects, as well as changes in pipeline activity and project closeouts.
News items also cover corporate developments, including the appointment of senior executives, outcomes of annual stockholder meetings, and decisions by the Board of Directors regarding cash dividends and share purchase authorizations. In addition, Primoris regularly announces its participation in institutional investor conferences focused on energy, clean technology, utilities, and diversified industrials, providing insight into how the company engages with the investment community.
Investors and other interested readers can use this page to review historical and recent press releases related to Primoris’ financial performance, backlog updates, capital allocation decisions, and leadership changes. By following these company-generated news items, users gain context on how Primoris positions its Utilities and Energy segments, its role in utility-scale solar and natural gas power generation projects, and its broader activities in power delivery, communications, and transportation infrastructure.
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.
Primoris Services Corporation (NASDAQ: PRIM) will release its financial results for Q1 2021 on May 5, 2021, after market close. A conference call will follow on May 6 at 9:00 a.m. CT, featuring Tom McCormick, CEO, and Ken Dodgen, CFO, discussing results and financial outlook. The call will be accessible via phone and webcast. A replay will be available the same day at 5:00 p.m. CT. Primoris, established in 1960, specializes in contracting services across the U.S. and Canada, serving a diverse customer base.
On March 24, 2021, Primoris Services Corporation (NASDAQ: PRIM) announced a significant contract valued at over $35 million, awarded by the Texas Department of Transportation for a heavy civil project in Midland, Texas. The project involves reconstructing Interstate 20's frontage roads and main lanes, including paving, drainage, and safety features. Work is set to commence in Q2 2021 and is expected to conclude by Q4 2023. This contract reflects Primoris's capabilities in specialty contracting and its ongoing engagement in infrastructure development.