secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001361538-22-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris Q3 revenue $1.28B (+40.6% YoY); record backlog $5.5B; dividend $0.06/sh
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- Revenue $1,284.1M, up 40.6% YoY, led by Utilities and Energy/Renewables; $155.7M from PLH acquisition.
- Net income $43.0M ($0.80 diluted); adjusted EPS $1.12; adjusted EBITDA $109.0M.
- Record backlog $5.5B (+99.8% YoY), including MSA backlog of $2.1B.
- FY2022 adjusted EPS guidance maintained at $2.39-$2.59; GAAP EPS guidance narrowed to $2.31-$2.51 due to PLH costs.
- Board declared $0.06/share cash dividend, payable Jan 13, 2023 to holders of record Dec 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153822000032/0001361538-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153822000032/prim-20221103x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-22-000032

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