---
schema_version: "secwatch.filing_event.v1"
accession: "0001361538-23-000028"
form_type: "8-K/A"
ticker: "PRIM"
cik: "0001361538"
company_name: "Primoris Services Corp"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:56:06.837425+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Primoris Q2 revenue +38% to $1.41B; raises EPS guidance to $2.15-$2.35

## Summary
- Revenue $1,413.4M, up 38.2% YoY; net income $39.0M ($0.72 EPS) vs $50.1M ($0.93 EPS) in Q2 2022.
- Adjusted net income $43.4M ($0.80 adjusted EPS), up $17.3M from Q2 2022.
- Adjusted EBITDA $102.4M, up 82.3% YoY; backlog $6.6B (+44.1%), MSA backlog $2.0B.
- Raised 2023 EPS guidance to $2.15-$2.35 and adjusted EPS to $2.60-$2.80 per share.
- Declared $0.06/share cash dividend, payable Oct 13, 2023 to holders of record Sept 29, 2023.

## SEC filing metadata
- accession: 0001361538-23-000028
- form_type: 8-K/A
- ticker: PRIM
- cik: 0001361538
- company_name: Primoris Services Corp
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000028/0001361538-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000028/prim-20230802x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361538-23-000028
- JSON: https://secwatch.observer/filing/0001361538-23-000028.json
- Plain text: https://secwatch.observer/filing/0001361538-23-000028.txt

## Key facts
- Earnings Releases
  Primoris Services Corp reported second quarter ended June 30, 2023 results: revenue $1,413.4 million, net income $39.0 million, EPS $0.72 per diluted share. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $1,413.4 million
  - Net income: $39.0 million
  - EPS: $0.72 per diluted share
  - Guidance: raised
  - Result: preliminary results
  source text: provided comments on the Company’s operational performance and outlook for 2023. ​ For the second quarter of 2023, Primoris reported the following highlights (1) : ● Revenue of $1,413.4 million, up $390.4 million, or 38.2 percent, compared to the second quarter of 2022 driven by strong growth in both the Utilities and Energy segments and in part by the PLH and B Comm
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000028/0001361538-23-000028-index.htm
- Earnings Releases
  Primoris Services Corp reported quarter ended June 30, 2023 results: revenue $1,413.4 million, net income $39.0 million, EPS $0.72 per diluted share. Guidance raised.
  - Period: quarter ended June 30, 2023
  - Revenue: $1,413.4 million
  - Net income: $39.0 million
  - EPS: $0.72 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: provided comments on the Company’s operational performance and outlook for 2023. ​ For the second quarter of 2023, Primoris reported the following highlights (1) : ● Revenue of $1,413.4 million, up $390.4 million, or 38.2 percent, compared to the second quarter of 2022 driven by strong growth in both the Utilities and Energy segments and in part by the PLH and B Comm
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000028/0001361538-23-000028-index.htm

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