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Jun 30, 2022
Comfort Systems USA Q2 2022 Earnings Report
Comfort Systems USA reported a strong second quarter result driven by revenue growth and careful planning.
Key Takeaways
Comfort Systems USA reported a strong second quarter with revenue of $1,017.9 million and net income of $42.2 million, or $1.17 per diluted share. The company's backlog as of June 30, 2022, was $2.81 billion, and operating cash flow for the quarter was $44.6 million.
Revenue for the second quarter of 2022 was $1,017.9 million, compared to $713.9 million in 2021.
Net income for the quarter ended June 30, 2022, was $42.2 million, or $1.17 per diluted share, as compared to $33.0 million, or $0.90 per diluted share, for the quarter ended June 30, 2021.
Operating cash flow was $44.6 million in the current quarter, compared to $25.4 million in 2021.
Backlog as of June 30, 2022, was $2.81 billion, as compared to $1.84 billion as of June 30, 2021.