NasdaqGS:MYRGConstruction
Why MYR Group (MYRG) Is Up 27.8% After Record Q1 Results And Raised 2026 Outlook
In late April 2026, MYR Group Inc. reported record first-quarter results, with sales rising to US$1,000.38 million and net income reaching US$46.8 million, alongside significantly higher earnings per share versus a year earlier.
The company also posted record EBITDA and a US$2.84 billion backlog, while raising full-year revenue and margin guidance on the back of higher-margin project execution and strong electrification and grid-modernization demand.
With MYR Group lifting its full-year...