" Our strong third-quarter 2021 financial results included record high quarterly net income, EBITDA, and EPS. We finished the third quarter with net income of $23.2 million, a 34.0 percent increase over our third quarter 2020 net income, along with increases in revenues, gross profit and EBITDA as compared to the same period of 2020. "
Rick Swartz
President and CEO
FINANCIAL OVERVIEW AS
OF SEPTEMBER 30, 2021
LTM REVENUE
LTM NET INC.
LTM EPS
LTM EBITDA*
$2.46B
$82.5M
$4.83
$160.1M
11.3% LTM YoY
54.5% LTM YoY
per diluted share
26.5% LTM YoY
52.4% LTM YoY
*See reconciliation of non-GAAP measures in our recently filed press release and investor presentation.
WWW.MYRGROUP.COM | 12150 E 112TH AVENUE, HENDERSON, CO 80640 | 303.286.8000 | NASDAQ: MYRG
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MYR Group Inc. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 21:17:09 UTC.
MYR Group Inc. is a holding company. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. It operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides a range of services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. It also provides emergency restoration services in response to, wildfire, ice or other damage. Its C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting and signalization in the United States and western Canada.