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Comfort Systems USA, Inc. (symbol: FIX) is a leading national corporation specializing in heating, ventilation, and air conditioning (HVAC) services. Our vast portfolio spans various types of buildings, including commercial, industrial, and institutional structures. With nearly thirty years of experience per acquired company, we offer a complete range of HVAC services, ensuring optimal indoor climate control anywhere, anytime.
At Comfort Systems USA, we pride ourselves on our extensive range of services, which include HVAC design, installation, maintenance, and fine-tuning. Our technical experts are adept at handling projects for downtown high-rises, hospitals, universities, and national hotels. We also provide HVAC solutions for factories and industrial plants that produce everything from food products to high-tech components.
Our operations are divided into two primary segments: Mechanical Services and Electrical Services, with the majority of revenue generated from the Mechanical Services segment. This includes HVAC, plumbing, piping, controls, and other mechanical contracting work. We offer installation services for newly constructed facilities as well as maintenance services for existing buildings, ensuring our clients receive comprehensive support throughout the lifecycle of their systems.
Comfort Systems USA has grown significantly by merging the talents of top HVAC-related firms across the country, enabling us to offer unparalleled technical expertise and service range. Our national presence allows us to provide consistent, high-quality services that exceed industry standards.
Recent achievements highlight our commitment to excellence. From completing major projects in high-profile buildings to forming strategic partnerships that enhance our service offerings, we are dedicated to advancing the HVAC industry and improving the environments in which people live and work.
Stay updated with the latest news and developments about Comfort Systems USA, Inc., to understand how we continue to lead and innovate in the HVAC sector.
Comfort Systems USA, Inc. (NYSE: FIX) reported a robust financial performance for the fourth quarter and fiscal year 2022. Net income reached $55.4 million or $1.54 per diluted share, compared to $37.6 million in Q4 2021. Annual revenue surged to $4.14 billion, up from $3.07 billion in 2021, with a significant operating cash flow increase to $301.5 million. The company's backlog climbed to $4.06 billion. Additionally, Comfort Systems acquired Eldeco, Inc., anticipated to contribute $130 million to $140 million in annual revenue, enhancing its electrical segment.
Comfort Systems USA, Inc. (NYSE: FIX) has announced a quarterly dividend increase to
Comfort Systems USA, Inc. (NYSE: FIX) has scheduled its quarterly conference call for February 23, 2023, to discuss fourth quarter 2022 financial results. The results will be released post-market on February 22, 2023. Investors can listen to the call live on the company’s website, with a replay available the following business day. Comfort Systems, a provider of mechanical and electrical contracting services, operates 169 locations in 128 cities across the nation. For more details, visit www.comfortsystemsusa.com.
Comfort Systems USA, Inc. (NYSE: FIX) reported a substantial increase in its financial results for Q3 2022, achieving a net income of $61.5 million, or $1.71 per diluted share, up from $46.3 million, or $1.27 per diluted share, in Q3 2021. Revenue surged to $1.12 billion from $833.9 million year-over-year. Additionally, operating cash flow rose to $61.2 million. Backlog grew to $3.25 billion, reflecting strong demand. For the nine months ending September 30, 2022, net income reached $190.5 million, with revenue totaling $3.02 billion, marking significant growth compared to 2021.
Comfort Systems USA, Inc. (NYSE: FIX) announced a quarterly dividend of $0.15 per share, marking a $0.01 increase from its previous dividend. The dividend will be payable on November 28, 2022, to stockholders of record as of the close of business on November 17, 2022. Comfort Systems USA operates 173 locations in 129 cities, providing comprehensive heating, ventilation, air conditioning, and electrical contracting services across the U.S.
Comfort Systems USA, Inc. (NYSE: FIX) has scheduled its quarterly conference call for October 27, 2022, at 10:30 a.m. Central Time to discuss third quarter financial results. These results will be released after market close on October 26, 2022. The call will be accessible via the Company's website, and a replay will be available the following business day. Comfort Systems operates 173 locations across 129 cities nationwide, focusing on mechanical and electrical contracting services.
Comfort Systems USA reported strong financial results for Q2 2022, with net income of $42.2 million ($1.17 per diluted share), compared to $33.0 million ($0.90 per diluted share) in Q2 2021. Revenue surged to $1,017.9 million, up from $713.9 million a year earlier. Operating cash flow reached $44.6 million, up from $25.4 million. Backlog increased to $2.81 billion, reflecting strong market activity. For the first half of 2022, net income totaled $129.0 million on $1.90 billion revenue. CEO Brian Lane highlighted ongoing investment in workforce and anticipated continued strong earnings despite input cost challenges.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.14 per share, payable on August 29, 2022, to stockholders of record by August 18, 2022. The company operates 174 locations across 128 cities in the U.S., providing commercial, industrial, and institutional HVAC and electrical contracting services. This dividend reflects the company's ongoing commitment to delivering shareholder value and maintaining financial stability.
Comfort Systems USA, Inc. (NYSE: FIX) announced its quarterly conference call and webcast scheduled for July 28, 2022, at 10:30 a.m. Central Time. This call will focus on the second quarter 2022 financial results, which will be released after market close on July 27, 2022. The conference call will be available for live listening on the company's website, and a replay will be accessible the following business day. Comfort Systems operates 174 locations across 128 cities, delivering mechanical and electrical contracting services.
Comfort Systems USA (NYSE: FIX) has expanded its senior debt facility from
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