{"schema_version":"secwatch.filing_event.v1","accession":"0000700923-23-000063","form_type":"8-K","ticker":"MYRG","cik":"0000700923","company_name":"MYR GROUP INC.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.764971+00:00","generated_at":"2026-06-09T12:04:15.638293+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MYR Group reports record Q3 revenue $939.5M, diluted EPS $1.28 up 17.4% YoY","bullets":["Revenue $939.5M (+17.5% YoY); net income $21.5M ($1.28 diluted EPS) vs $18.4M ($1.09) in Q3 2022.","T&D segment revenue $548.6M (+21.4% YoY) and C&I segment $390.9M (+12.4% YoY).","Consolidated gross margin 9.8% vs 10.8% due to labor inefficiencies, supply chain, weather.","Backlog $2.62B at Sep 30, 2023, up 5.7% from $2.48B a year ago; T&D backlog $1.14B, C&I $1.48B.","EBITDA $47.0M vs $40.3M; interest expense up due to higher rates; effective tax rate 30.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0000700923-23-000063","json":"https://secwatch.observer/filing/0000700923-23-000063.json","markdown":"https://secwatch.observer/filing/0000700923-23-000063.md","text":"https://secwatch.observer/filing/0000700923-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/700923/000070092323000063/0000700923-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/700923/000070092323000063/myrg-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T12:04:15.638293+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e555fcbf69254f6fbf18362d55406d3eee7f74f9","claim":"MYR GROUP INC. reported third quarter 2023 results: net income net income was $21.5 million, EPS $1.28 per diluted share.","evidence_excerpt":"MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its third-quarter and first nine-months 2023 financial results. Highlights for Third Quarter 2023 • Record quarterly revenues of $939.5 million • Quarterly net income of $21.5 million, or $1.28 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700923/000070092323000063/0000700923-23-000063-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"net income was $21.5 million"},{"label":"EPS","value":"$1.28 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e555fcbf69254f6fbf18362d55406d3eee7f74f9","claim":"MYR GROUP INC. reported third quarter 2023 results: net income net income was $21.5 million, EPS $1.28 per diluted share.","evidence_excerpt":"For the third quarter of 2023, net income was $21.5 million, or $1.28 per diluted share, compared to $18.4 million, or $1.09 per diluted share, for the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700923/000070092323000063/0000700923-23-000063-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"net income was $21.5 million"},{"label":"EPS","value":"$1.28 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}