MYR GROUP INC. [MYRG] reports annual net loss of $91.0 million
Company Reports Revenue of $3.6 billion
By USInMinutes
Published - Feb 29, 2024, 05:28 AM ET
Last Updated - Feb 29, 2024, 05:28 AM EST
MYR GROUP INC. [MYRG] has reported a net loss of $91.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $3.6 billion
Based in THORNTON, Colorado, MYR GROUP INC. operates in the CONSTRUCTION sector.
In the Consolidated Statements of Operations and Comprehensive Income for MYR Group Inc., comparing the 12 months ended December 31, 2023, with December 31, 2022, and December 31, 2021, the following key financial figures are noted:
- Contract revenues for the period ending December 31, 2023, amounted to $3.64 billion, showing an increase from $3.01 billion in the previous period of 2022 and $2.50 billion in 2021.