MYR Group is crushing it with a powerhouse second-quarter performance, fueled by booming demand for transmission, distribution, and commercial work—driving up revenue and margins thanks to smarter execution, project finishes, and expanded scopes. New acquisitions of Valley Electric and Comet Electric are set to amplify their capabilities, even if earnings won’t jump immediately due to accounting rules; still, they’re expecting a major EBITDA boost from higher-margin projects. Commercial and industrial revenue hit record highs, powered by data centers and advanced manufacturing, while transmission wins reflect the ongoing grid modernization push. Operating margins are climbing across both segments as the company nails delivery, controls scope creep, and integrates new teams smoothly. With a healthy backlog and a clear path forward, MYR is poised to ride the infrastructure wave—with those two new companies adding roughly $250 million in revenue this year—and benefit from America’s electrification boom.
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