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MYR Group Inc. — Third Quarter 2026 Earnings Summary

MYR Group Inc. reported record third-quarter 2026 revenues of $1.26 billion and net income of $60.0 million, driven by strong performance in both its Transmission & Distribution and Commercial & Industrial segments. The company's backlog grew by 38.2 percent to $3.68 billion as of September 30, 2026, reflecting increased activity and the integration of acquired entities Valley Electric and Comet Electric. Additionally, MYR's Board of Directors approved a new $100 million share repurchase program effective November 4, 2026, to be funded through cash on hand and borrowings under its revolving credit facility.

Company
MYR GROUP INC
Sector
Industrials
Industry
Engineering & Construction