Primoris - Infrastructure Specialist Benefits from Economic Recovery and AI Boom!
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Business Drivers: The specialist in construction, engineering, and maintenance services focused on critical infrastructure in the areas of energy, utilities, and renewable energy. Given the increasing investments in the expansion of cloud and data center infrastructure, Primoris benefits from the ongoing expansion and modernization of the power grid infrastructure, where it recently recorded significant growth in its core business segment Utilities/Power Delivery. In Q3, it exceeded analyst expectations of $1.36 with a significant EPS increase of...
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