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Sep 30, 2023
MYR Group Q3 2023 Earnings Report
Reported record quarterly revenues and increased net income compared to the same period last year.
Key Takeaways
MYR Group reported record third-quarter revenues of $939.5 million, a 17.5% increase compared to Q3 2022. Net income for the quarter was $21.5 million, a 16.7% increase year-over-year. The company's backlog stands at $2.62 billion.
Record quarterly revenues of $939.5 million.
Net income of $21.5 million, or $1.28 per diluted share.
EBITDA of $47.0 million for the quarter.
Backlog of $2.62 billion.
Forward Guidance
No specific forward guidance was provided in the report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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