Primoris Services Corporation reports third quarter revenue of $2.18 billion and net income of $94.6 million
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Primoris Services Corporation reported third quarter revenue of $2.18 billion, a 32.1% increase from the previous year, with net income rising to $94.6 million. Adjusted net income reached $103.1 million, and adjusted EBITDA was $168.7 million. The company raised its full-year guidance for net income to between $260.5 million and $271.5 million, citing strong performance in Energy and Utilities segments and a robust backlog in solar and natural gas projects.
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