With all the Projects that Pike Electric is Involved In, it's No Surprise that 2012's Financial Performance Didn't Disappoint

Sugar Land--September 11, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--In today's uncertain economic climate, consumers expect more bang for their buck and competition is fierce. Some companies have been able to survive the post-recession times better than others. Apparently, Pike Electric Corporation (NYSE:PIKE) (Mount Airy, North Carolina) is one of those companies. The executives mentioned how pleased they were when they shared the company's fourth-quarter and full-year financial results in a conference call on September 5, 2012. According to Eric Pike, chairman and CEO of Pike, "Fiscal 2012 was a good year. It was solid across the board." Pike mentioned that the improvement in the company's full-year results was "primarily driven by growth in distribution revenue," which increased 26% year-over-year.

Featured Companies: Pike Electric Corporation (NYSE:PIKE), Fluor Corporation (NYSE:FLR) and The Shaw Group Incorporated (NYSE:SHAW).