Primoris gains on securing contracts worth $400 mln

Primoris Services

25/10/2022 18:19

** Shares of construction services firm Primoris Services
Corp  PRIM.O  up 7.2% at $19.35 
    ** PRIM said on Monday it secured contracts for seven
projects valued at about $400 mln in energy/renewables unit
    ** PRIM says all projects were awarded after the completion
of Q3 and work is scheduled to begin in Q4 
    ** So far this year, shares decline 19.3%
 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))