{"schema_version":"secwatch.filing_event.v1","accession":"0000700923-24-000007","form_type":"8-K","ticker":"MYRG","cik":"0000700923","company_name":"MYR GROUP INC.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.694421+00:00","generated_at":"2026-06-05T09:50:02.722944+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 Q4 2023 record revenue $1.00B, FY 2023 net income $91.0M, EPS $5.40","bullets":["Q4 revenues $1.00B, +16.2% YoY; Q4 net income $24.0M ($1.43 diluted EPS), down 2.2% from $24.6M in Q4 2022.","Full-year revenues $3.64B, +21.1% YoY; net income $91.0M ($5.40 diluted EPS) vs $83.4M ($4.91) in 2022.","T&D segment Q4 revenues $591.5M (+15.2% YoY), C&I segment Q4 revenues $412.7M (+17.8% YoY); both segment records.","Gross margin declined to 9.7% in Q4 (from 11.1%) and 10.0% for full year (from 11.4%) due to project inefficiencies and supply chain disruptions.","Backlog $2.51B as of Dec 31, 2023, up $10.6M from $2.50B a year ago; T&D $959.6M, C&I $1.55B."],"urls":{"canonical":"https://secwatch.observer/filing/0000700923-24-000007","json":"https://secwatch.observer/filing/0000700923-24-000007.json","markdown":"https://secwatch.observer/filing/0000700923-24-000007.md","text":"https://secwatch.observer/filing/0000700923-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/700923/000070092324000007/0000700923-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/700923/000070092324000007/myrg-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:50:02.722944+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":"921bb478e7bd16e8324a302a93aba47e9359b396","claim":"MYR GROUP INC. reported full year of 2023 results: revenue $3.64 billion, net income $91.0 million, EPS $5.40 per diluted share.","evidence_excerpt":"MYR reported record revenues of $3.64 billion for the full year of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700923/000070092324000007/0000700923-24-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year of 2023"},{"label":"Revenue","value":"$3.64 billion"},{"label":"Net income","value":"$91.0 million"},{"label":"EPS","value":"$5.40 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ee107d735d82605331ea241fea7cd048c5b03a66","claim":"MYR GROUP INC. reported three and twelve months ended December 31, 2023 results: revenue $1.00 billion, net income $24.0 million, EPS $1.43 per diluted share.","evidence_excerpt":"markets in the United States and Canada, announced today its fourth-quarter and full year 2023 financial results. Fourth Quarter 2023 Highlights • Record quarterly revenues of $1.00 billion • Strong quarterly net income of $24.0 million, or $1.43 per diluted share • Record quarterly EBITDA of $52.8 million Full Year 2023 Highlights • Record full-year revenues of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700923/000070092324000007/0000700923-24-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and twelve months ended December 31, 2023"},{"label":"Revenue","value":"$1.00 billion"},{"label":"Net income","value":"$24.0 million"},{"label":"EPS","value":"$1.43 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"}