secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000077543-23-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tutor Perini Q2 revenue $1.02B (+19% YoY); net loss narrows to $37.5M; backlog $10.9B
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- Revenue $1.02B, up 19% from $861M in Q2 2022; income from construction ops $2.4M vs loss $90.6M.
- Net loss attributable $37.5M ($0.72 diluted loss) vs $63M loss ($1.23) in Q2 2022.
- Backlog $10.9B, up 27% YoY; large new awards include $3.0B Brooklyn Jail and $222M military project.
- Operating cash flow $56.3M in Q2; YTD $77.7M (second-best first-half since 2008 merger).
- No new guidance; expects positive EPS in 2024 and operating cash flow to exceed 2022 record $207M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754323000132/0000077543-23-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754323000132/tpc-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000077543-23-000132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer