Quarter Highlights
Highest quarterly revenue in Company history; revenue totaled $522.2 million, an increase of 23.7% as compared to last year’s third quarter.
Net income of $11.3 million, or $0.32 per diluted share, compared to $12.6 million, or $0.24 per diluted share, in last year’s third quarter. Q3 2019 included a $4.2 million contingency gain.
Adjusted EBITDA of $43.1 million, an increase of 11.3% as compared to last year’s third quarter adjusted EBITDA of $38.7 million.
Backlog increased by $150 million during the quarter to $1.9 billion.
Raising revenue guidance range for the year to $1.7 billion to $1.75 billion from $1.6 billion to $1.7 billion previously and narrowing Adjusted EBITDA guidance to $117.5 million to $125.0 million from $110.0 million to $125.0 million previously.
1% CAPITAL
Highest quarterly revenue in Company history; revenue totaled $522.2 million, an increase of 23.7% as compared to last year’s third quarter.
Net income of $11.3 million, or $0.32 per diluted share, compared to $12.6 million, or $0.24 per diluted share, in last year’s third quarter. Q3 2019 included a $4.2 million contingency gain.
Adjusted EBITDA of $43.1 million, an increase of 11.3% as compared to last year’s third quarter adjusted EBITDA of $38.7 million.
Backlog increased by $150 million during the quarter to $1.9 billion.
Raising revenue guidance range for the year to $1.7 billion to $1.75 billion from $1.6 billion to $1.7 billion previously and narrowing Adjusted EBITDA guidance to $117.5 million to $125.0 million from $110.0 million to $125.0 million previously.
1% CAPITAL