Welcome to our dedicated page for Comfort Sys Usa news (Ticker: FIX), a resource for investors and traders seeking the latest updates and insights on Comfort Sys Usa stock.
Comfort Systems USA (NYSE: FIX) is a national leader in HVAC systems and mechanical contracting services for commercial and industrial facilities. This news hub provides investors and industry professionals with essential updates about the company's operational milestones, strategic initiatives, and market position.
Our curated collection features official press releases, earnings reports, and analysis of major projects ranging from hospital HVAC installations to large-scale industrial retrofits. Users will find timely updates on leadership changes, partnership announcements, and technological advancements in building systems.
The resource is particularly valuable for tracking FIX's progress in key sectors including healthcare construction, energy-efficient retrofits, and complex mechanical engineering projects. Bookmark this page to stay informed about contract awards, safety certifications, and industry recognition that impact the company's market performance.
Comfort Systems USA, Inc. (NYSE: FIX) has completed the acquisition of the Amteck family of companies, enhancing its electrical contracting capabilities in the Southeastern U.S.
Founded in 1977, Amteck provides a range of electrical solutions, expected to contribute annual revenues of $175 million to $200 million and EBITDA of $14 million to $17 million. Initially, the acquisition will have a neutral to slightly accretive effect on earnings per share.
Comfort Systems USA reported Q2 2021 results with net income of $33.0 million ($0.90 per diluted share), down from $39.5 million ($1.08) in Q2 2020. Revenue fell to $713.9 million from $743.5 million. Operating cash flow decreased to $25.4 million from $141.9 million. However, backlog increased to $1.84 billion, up from $1.66 billion in Q1 2021 and $1.53 billion in Q2 2020. For the first half of 2021, net income was $59.5 million on revenue of $1.38 billion, compared to $57.2 million on $1.44 billion in 2020.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.12 per share, reflecting a $0.005 increase from the previous dividend. This dividend is set to be paid on August 24, 2021, to stockholders who are on record as of the close of business on August 13, 2021. As a leading provider of HVAC and electrical contracting services, Comfort Systems operates 139 locations across 113 cities nationwide, indicating a robust presence in the market.
Comfort Systems USA, Inc. (NYSE: FIX) has announced its quarterly conference call for second quarter 2021 financial results, scheduled for Thursday, July 29, 2021, at 10:30 a.m. Central Time. The financial results will be released after market close on July 28, 2021. Investors can access the live call via the Company’s website and participate by dialing 1-877-319-0032 with conference passcode 7447577. A replay will be available the next business day.
Comfort Systems operates 139 locations across 113 cities nationwide, providing solutions for workplace comfort.
Comfort Systems USA, Inc. (NYSE: FIX) has announced its agreement to acquire Amteck, LLC, a leading electrical contracting firm based in Kentucky. Amteck is expected to generate annual revenues of $175 million to $200 million and EBITDA of $14 million to $17 million. This acquisition is anticipated to be neutral to slightly accretive to earnings per share in the first 12-18 months. Comfort Systems aims to leverage Amteck's expertise in complex projects to enhance its market position in the Southeastern U.S. and deepen customer relationships.
Comfort Systems USA reported a strong first quarter for 2021, with net income of $26.5 million or $0.73 per diluted share, up from $17.7 million or $0.48 a year prior. Revenue was $669.8 million, down from $700.1 million in 2020. Operating cash flow surged to $84.6 million from $21.9 million. Backlog increased to $1.66 billion, compared to $1.51 billion at year-end, though same-store backlog declined to $1.34 billion. The company anticipates continued strength in the upcoming quarters.
Comfort Systems USA (NYSE: FIX) has declared a quarterly dividend of $0.115 per share, payable on May 25, 2021, to stockholders of record by the close of business on May 14, 2021. As a leading provider in the heating, ventilation, air conditioning, and electrical contracting sectors, Comfort Systems operates 139 locations across 113 cities nationwide, showcasing its strong market presence.
Comfort Systems USA (NYSE: FIX) has announced a quarterly conference call scheduled for April 29, 2021, at 10:30 a.m. CT to discuss its first quarter 2021 financial results. The results will be released after the market closes on April 28, 2021. Investors can listen to the call live via the company's website. A replay will be available the following business day. Comfort Systems USA operates 139 locations across 113 U.S. cities, providing mechanical and electrical contracting services.
Comfort Systems USA reported a strong performance for Q4 and the full year 2020. Net income for Q4 was $42.8 million, or $1.17 per diluted share, up from $34.1 million in Q4 2019. Annual net income reached $150.1 million, or $4.09 per diluted share, compared to $114.3 million in 2019. Revenue for 2020 was $2.86 billion, a rise from $2.62 billion in 2019. Operating cash flow also saw significant growth, totaling $286.5 million. Despite slight decreases in backlog, the company anticipates solid profitability and cash flow in 2021, particularly in industrial and technology sectors.
Comfort Systems USA, Inc. (NYSE: FIX) has declared a quarterly dividend of $0.115 per share, an increase of $0.005 compared to the previous dividend. This dividend is payable on March 23, 2021, to stockholders on record as of the close of business on March 12, 2021. As a leading provider in HVAC and electrical contracting services, Comfort Systems USA operates 139 locations across 114 cities in the United States, emphasizing their commitment to delivering workplace comfort solutions.
