---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-24-000043"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:36:15.608201+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MYR Group Q2 net loss $15.3M, revenue down 6.7% YoY to $828.9M

## Summary
- Net loss of $15.3M ($0.91 diluted loss) vs net income of $22.3M ($1.33) a year ago.
- Consolidated revenue $828.9M, down 6.7% YoY; T&D rev $458.2M (-9.0%), C&I rev $370.7M (-3.7%).
- Gross margin fell to 4.9% from 10.1%; clean-energy projects and a C&I project drove the decline.
- Backlog of $2.54B down 7.0% YoY from $2.73B; sequential increase from $2.43B at Q1 end.
- EBITDA of ($4.7M) vs $47.1M in Q2 2023; borrowing availability $426.6M on $490M credit line.

## SEC filing metadata
- accession: 0000700923-24-000043
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092324000043/0000700923-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092324000043/myrg-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-24-000043
- JSON: https://secwatch.observer/filing/0000700923-24-000043.json
- Plain text: https://secwatch.observer/filing/0000700923-24-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.