First quarter results for Encompass Services Corp. were consistent with guidance previously issued by the company. Revenues increased 9 percent over the prior-year period. Earnings rose 5.5 percent to $66.3 million. Net income reached $8.8 million, or 14 cents per diluted share, on revenues of $1.06 billion.
Did you enjoy this article? Click here to subscribe to Plumbing & Mechanical. Stay connected with us via social media.
As electronics continue to become smaller, faster, and more affordable, more and more contractors are investing in fleet-management solutions that help reduce their technicians’ time on the road, improve productivity, save gas, and protect these major assets from misuse or theft. Read more stories in 2017 April Issue.