secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001361538-23-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris Q3 revenue up 19% to $1.53B; net income $48.1M; declares $0.06 dividend
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- Revenue $1,529.5M (+19.1% YoY) driven by power delivery, renewables, industrial, pipeline.
- Net income $48.1M ($0.89 diluted EPS) vs $43.0M ($0.80) a year ago; adjusted EPS $1.02.
- Backlog $6.7B (+22.2% YoY); MSA backlog $2.1B.
- Board declared $0.06/share cash dividend payable Jan 12, 2024 to holders of record Dec 29, 2023.
- Share purchase program replenished to $25M (expires Dec 31, 2024); $19M remained as of Sep 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153823000031/0001361538-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153823000031/prim-20231102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-23-000031

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