Primoris Q2: Exceptional Even If AI Demand Slows

quantic69 Investment Thesis Primoris Services Corporation (NYSE:PRIM) delivered a strong quarter for Q2 2024, fueled by the consistent incredible growth in their energy segment and investments in emerging trends in renewable energy and AI-driven utility needs that are really starting to pay off. The construction and infrastructure company reported a revenue of $1.563 billion, up 10.6% year-over-year, which surpassed Wall Street expectations by $30 million. This growth was driven by the rise in demand for so ...