Comfort Systems Reports 2Q Revenue, Income Decrease
September 3, 2003
Comfort Systems USA announced that its second-quarter revenues from continuing operations were $202.4 million, compared to $211.5 million in the second quarter of 2002. Net income from continuing operations was $2.6 million, or 7 cents per diluted share, compared to $5.1 million, or 13 cents per diluted share, a year ago. Earnings did improve from the first quarter; however, Chairman and CEO Bill Murdy said that full-year results will be comparable to 2002’s results, not higher as predicted earlier.