News & Videos - PRIMORIS SERVICES

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that it will transfer the listing of its common stock from The Nasdaq Stock Market LLC (“Nasdaq”) to the New York Stock Exchange (“NYSE”). Primoris expects that its common stock will commence trading on the NYSE at market open on April 4, 2023, under its current ticker symbol “PRIM”. The Company’s common stock will continue to trade on Nasdaq until market close on April...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company’s management team will participate in the UBS 17th Annual Infrastructure and E&C Conference on Thursday, March 23, in Dallas, Texas. A copy of the Company’s most recent earnings release and investor presentation can be accessed from the “Investors” section “News and Events” of its website, www.prim.com . About Primoris Primoris Services Corporation is a...

Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2022 and provided the Company’s initial outlook for 2023. For the full year 2022, Primoris reported the following highlights (1) : Revenue of $4,420.6 million, up $923.0 million, or 26.4 percent, compared to the full year of 2021 driven by strong growth in the Utilities and Energy/Renewables segments, including $516.8...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced it will report fourth quarter and full year 2022 financial results on Monday, February 27, 2023, after market close. The Company’s press release will be available on the Primoris website at www.prim.com . In conjunction with the press release, management will host a conference call and webcast on Tuesday, February 28, 2023, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced multiple solar project awards with an estimated value of $290 million. The contracts were secured by the Company’s Energy/Renewables Segment in the fourth quarter of 2022. “These awards align with our market strategy by expanding our presence in new geographies and diversifying our scope of work with smaller utility-scale solar projects,” said Tom McCormick, President and Chief...

Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2022 and confirmed the Company’s outlook. For the third quarter 2022, Primoris reported the following highlights (1) : Revenue of $1,284.1 million, up $370.9 million, or 40.6 percent, year-over-year driven by strong growth in the Utilities and Energy/Renewables segments, including $155.7 million from the PLH acquisition Delivered net...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company’s management team will participate in two institutional investor conferences during the fourth quarter, the Baird 2022 Global Industrials Conference and the Sidoti December Virtual Small Cap Conference. November 10 : Baird 2022 Global Industrials Conference December 7 : Sidoti December Virtual Small Cap Conference A copy of the Company’s most recent earnings...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced it was awarded seven projects secured by the Energy/Renewables segment with a combined estimated value of approximately $400 million. The Company was awarded two power projects with a combined estimated value of $100 million. The first power project is the retrofit of multiple existing combustion gas turbine generator air inlet systems. The second project is a design-build cogeneration...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) will report third quarter 2022 financial results on Monday, November 7, 2022, after market close. The Company’s press release will be available on the Primoris website at www.prim.com . In conjunction with the press release, management will host a conference call and webcast on Tuesday, November 8, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company’s third...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company’s management team will participate in two institutional investor conferences in September, the 2022 RBC Global Industrials Conference and the DA Davidson 21 st Annual Diversified Industrials and Services Conference. September 13 : 2022 RBC Global Industrials Conference September 22 : DA Davidson 21 st Annual Diversified Industrials & Services Conference A copy of...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today a pipeline award valued over $120 million. The contract was secured by the Pipeline Services Segment. The award is for the construction of nearly 60 miles of pipeline in Texas. Work is scheduled to commence in the third quarter of 2022 and completion is expected in the second quarter of 2023. About Primoris Primoris Services Corporation is a leading specialty contractor providing...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced a solar project award with an estimated value of $270 million. The contract was secured by the Company’s Energy/Renewables Segment. The award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest, adding approximately 500 megawatts to over 3,900 megawatts of solar power projects which Primoris currently has under construction....

Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2022 and provided the Company’s outlook for 2022. For the second quarter 2022, Primoris reported the following (1) : Record revenue of $1,022.9 million Net income of $50.2 million Fully diluted earnings per share (“EPS”) of $0.93 Adjusted net income of $26.1 million Adjusted diluted earnings per share (“Adjusted EPS”) of $0.48...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”), a leading provider of specialty contracting services in North America, announced today that it has closed its acquisition of PLH Group, Inc. (“PLH Group” or “PLH”) in an all-cash transaction valued at $470 million. The transaction directly aligns with Primoris’ strategic focus on higher-growth, higher-margin markets and expands its capabilities in the utility markets, including power...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced its plans to release financial results for the second quarter 2022 on Monday, August 8, 2022, after market close. A copy of the Company’s press release will be available on the Primoris website at www.primoriscorp.com . Management will host a conference call and webcast on Tuesday, August 9, 2022, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in the CJS Securities 22 nd Annual New Ideas Summer Conference on Tuesday, July 12, 2022. A copy of the Company’s presentation will be posted to the Company’s Investor Relations section of its website, www.primoriscorp.com , before the opening of trading on the...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced a heavy civil project valued at more than $170 million. The project, secured by the Company’s Energy/Renewables Segment, was awarded by the Texas Department of Transportation. The project involves construction of a section of Highway 59 in Polk County, Texas. It is scheduled to commence in the third quarter of 2022 with completion expected in the fourth quarter of 2024. “This...

Equity Alert - The M&A Class Action Firm Announces an Investigation of Primoris Services Corp. - PRIM PR Newswire NEW YORK, June 28, 2022 NEW YORK , June 28, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City , is investigating...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that it has entered into a definitive merger agreement to acquire PLH Group, Inc. (“PLH Group” or “PLH”) in an all-cash transaction valued at $470 million. Primoris, one of the top specialty contractors in the U.S., provides critical infrastructure services to the utility, renewables and other related energy markets. The Company’s strategic focus on utility markets includes...

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced a solar project with an estimated value of $260 million. The contract was secured by the Company’s Energy/Renewables Segment. “The organic growth of our utility-scale solar business is one measure of the success of our energy transition strategy,” said Tom McCormick, President and Chief Executive Officer of Primoris. “With over 3,200 megawatts of solar power projects under...